The Development Center for Finance (DCF) successfully conducted the second run of its Financial Statement Analysis Seminar for 2025 on September 6, 13, 20, and 27, and was attended by 30 participants from various companies and industries.

In Day 1, Ma’am Pam kicked off the seminar and did an expectation setting session with the participants. A roadmap of the four-day FS Analysis seminar was presented and the seminar proper was started with the discussion of the different asset and liability components of the balance sheet. Different examples from actual financial statements (FS) were discussed to illustrate the effects of common asset and liability transactions.

Sir Bryan Placido then continued with the equity components of the balance sheet in the second day of the seminar, and thoroughly discussed the income statement and the cash flow statement. Illustrative exercises and examples from local corporations were presented to provide real-world context to the discussion. The preparation of basic FS and how they are related to one another was also demonstrated.

Sir Lester Aratea took over on Day 3 to discuss the different techniques used in FS analysis, including ratios related to profitability, efficiency, liquidity, solvency, and cash flows. Qualitative considerations were also discussed, particularly various company, macroeconomic and industry information that should be carefully considered. A subject company was then presented to apply these different FS analysis techniques.

Sir Art Cayanan wrapped up the last day of the seminar, starting the session with a review of the discussions in the past three (3) Saturdays, then introducing other FS analysis techniques, including common-size, trend, and break-even analyses. Cases of several Philippine-listed companies were then presented and discussed to apply all the learnings during the seminar, taking different perspectives, as lenders, financial analysts, and even as investors.

Some of the feedback from the participants about the 4-day seminar were as follows:

“The financial analysis training was clear and helpful. It explained the main ideas well, like how to look at financial statements and understand company performance. I appreciate Ma’am Pam’s pacing and clear delivery. As someone with limited accounting background who needs to learn finance for work, this helps a lot.”

“Sir Bryan has clarity on his presentations. The presentation is good and gives us additional insights that will be useful to our daily work.”

“The session and Sir Lester were both excellent. The overall presentation was informative and included many valuable details that I can apply to my work. Using one FS sample makes the concepts easy to understand.”

“I learned a lot from this training! I like how there were case studies in Sir Art’s session to apply the financial metrics. I hope that there was more time to do these cases.”