To be able to perform the roles of managers effectively, a thorough understanding of financial statements is imperative. Steering a company without an understanding of financial statements is like flying an airplane without the panel of instruments.   Invariably in almost every Management meeting, financial statements will be tabled and discussed. In the meeting, performance targets are set for the future and current performances are also evaluated quantitatively based on financial figures. Monthly performance is evaluated against targets set in the current period, cumulative year to date, previous years, and against competitors and industry norms. Tools of financial analysis are used to assess the health and sustainability of the business organization.    A thorough understanding of financial statements and their corresponding analysis will empower the managers to play an effective role in discharging their duties to the Company.  Methodology Lectures, discussions and case studies  Who should attend? General Managers, Operations Managers, Marketing & Sales Managers, Business Development Managers, Production Managers, Human Resources Managers