Analysis of financial statement has many dimensions. Financial ratios alone do not give all the information necessary for processing and analyzing financial statements. There are more numerical and qualitative factors considered in processing and analyzing financial statements which also include balance score card. One of the contemporary methods is proper diagnostic processing of financial management and statements to reveal the true nature and position of the net worth and profitability of various company’s operations. Participants will be acquainted with the contemporary issues in diagnostic processing of financial statement and financial management. Content: ? Balance score card analysis ? Formulation and implementation of financial models ? Optimistic and pessimistic trend analysi