Fundamental Analysis Training for Australian Markets
Most people think reading financial statements is boring. And they're not entirely wrong — until you realize that those numbers tell stories about real businesses, real people, and real opportunities.
We've spent years working with companies across Sydney and beyond, digging into their financials to understand what makes them tick. Now we're sharing that knowledge with anyone who wants to look beyond share prices and headlines.
What You'll Actually Learn
This isn't about making you an accountant. It's about giving you the skills to read between the lines when a company releases its annual report.
You'll learn how to spot red flags before they become disasters. How to find value that others miss. And honestly? How to avoid making the same mistakes we made early in our careers.
We focus on ASX-listed companies because that's what most Australians care about. But the principles work anywhere — we've had participants apply these techniques to international markets with solid results.
Course Structure
Six modules spread over twelve weeks. Each one builds on the last, so you're not drowning in theory without context.
Financial Statement Basics
Balance sheets, income statements, cash flow reports. What they actually mean and why all three matter.
- Reading annual reports efficiently
- Understanding accounting conventions
- Spotting creative accounting practices
Ratio Analysis
Numbers only make sense in context. We'll show you which ratios matter for different industries.
- Profitability metrics that tell the truth
- Liquidity analysis for risk assessment
- Efficiency ratios and what they reveal
Industry Comparisons
A mining company and a retail chain need completely different analytical approaches.
- Sector-specific key indicators
- Competitive position analysis
- Market cycle considerations
Valuation Methods
DCF models, comparable company analysis, and when each approach makes sense.
- Discounted cash flow foundations
- Multiple-based valuation techniques
- Adjusting for market conditions
Risk Assessment
Every investment carries risk. The trick is understanding which risks you're actually taking.
- Debt structure evaluation
- Management quality indicators
- External risk factor identification
Practical Application
Real case studies from Australian companies. Some successes, some failures, all educational.
- Live company analysis sessions
- Building your own analysis framework
- Presenting findings clearly
Who's Teaching This
We're practitioners, not academics. Both of us have made plenty of mistakes analyzing companies — which turned out to be the best education possible.
Leif Thorsen
Lead InstructorSpent fifteen years analyzing companies for institutional investors before deciding to share what actually works. Based in Sydney, occasionally rants about accounting standards that make no sense.
Briony Callahan
Industry SpecialistFormer CFO turned educator. Knows firsthand how companies present themselves versus what the numbers actually say. Focuses on helping participants avoid common analytical pitfalls.
Upcoming Sessions
We run small groups because individual feedback matters. Classes fill up quickly, so have a look at what's available.
Evening Program
Designed for people working full-time. Sessions recorded for anyone who misses a class. Twelve weeks of intensive training with practical exercises throughout.
Weekend Intensive
Same content, faster pace. Six full-day sessions over six consecutive weekends. Works well for people who prefer concentrated learning periods.
Online Option
All course materials available online with live Q&A sessions each week. Takes about three months at a comfortable pace. Good for regional participants or anyone with unpredictable schedules.