Preparing Financial Statements and Analysis

Analysis of the Corporate Annual Report

Course Overview
This course focuses on an analysis of the corporate annual report. It help you interpret and understand its components, including the financial statements, footnotes, review of operations, auditor's report, supplementary schedules, management discussion and analysis (MD&A), and Management’s Report On Internal Control Over Financial Reporting. It touches upon how the Sarbanes-Oxley 404 reporting differs from traditional reporting. The course also teaches you how to perform financial ratio and cash flow analyses.



Learning Objectives:

After completing this course, the course participant should be able to:

  • Identify the basic financial statements of the annual report and their purpose: the balance sheet, income statement, and statement of cash flows.
  • Recognize the elements of the balance sheet.
  • Recognize how the income statement reveals the entity's operating performance.
  • Identify a company's cash inflows and cash outflows.
  • Identify the other sections and items of the annual report.
  • Recognize auditing standards for internal control over financial reporting, including the Sarbanes-Oxley Act.
  • Identify important factors for financial statement analysis.
  • Recognize techniques of horizontal analysis and vertical analysis.
  • Calculate different types of ratio analysis.
  • Identify types of ratio analysis.

  • Content Partner:

    SmartPros Ltd.

    SmartPros Ltd. is a leader in online and offline continuing education for
    accounting, finance and engineering professionals. With over 2,000 hours of
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    Prerequisites/Advanced Preparation:

    None

    Speaker / Author:

    Steve Spafford is a CPA with DeltaCPE LLC, a national CPE provider.

    Software & Hardware Requirements:

    • 56k or Greater Internet Connection
    • Adobe Acrobat® Reader for the .pdf files
    • Adobe® Flash® Player 9 or higher
    • Modern DHTML Compatible Browser
    • Ram: 256 MB minimum
    • Sound card with speakers/headphones
    • Windows or Mac OS

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    Price (USD)

    Standard Rate: $74.85

    Details

    Course Code : 99DEL35

    Release Date : 04/17/2017
    Expire Date : 04/17/2020
    Credits :
    CPE 3.00
    QAS 3.00

    Length : 2hr 30min
    Course Level : Overview
    Course Type : Self-Study
    Passing Grade : 70%
    Format Type : eLearning
    Mobile Compatible
    Field Of Study : Accounting

    Theme : Preparing Financial Statements and Analysis

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