Analyzing Financial Statements

Description

Many professionals including corporate management, loan officers, investors, suppliers, customers, and auditors use financial statement analysis to perform their daily responsibilities. This program focuses on financial statements and the analysis of financial statements utilizing cases to assess profitability, liquidity, and resource management efficiency. We conclude with discussions of non-GAAP performance measurements, forecasting, and valuation.

Highlights

Financial Reporting and Financial Statements
Use of Non-GAAP performance measures and key performance indicators
Forecasting
Valuation
Comprehensive Financial Statement Analysis with Case Study
FIELD OF STUDY
Accounting
RECOMMENDED CPE CREDIT
8 hours
LEVEL OF KNOWLEDGE
Basic
PREREQUISITES
None
ADVANCE PREPARATION
None
ACRONYM
AFS
PRESENTATION METHOD
Group-live

Objectives

Participants will be able to:
Describe the different financial statement users and their information needs
For each financial statement-Balance Sheet, Income Statement and the Cash Flow Statement-identify characteristics, alternatives, and risks associated with specific financial statement elements
Perform financial statement analysis using best practices and various cases
Compare financial statements of different companies in the same industry and the same company across different time periods
Explain the importance of using a company's MD&A for effective financial statement analysis

Designed For

Industry CPAs, accountants, and financial professionals who analyze financial results, evaluate operational performance, perform acquisition due diligence, and develop business strategies. The program is also beneficial for auditors when performing risk assessments as a part of audit planning.