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Sponsored by Lorman Education
Product ID: 404708EAU
 
Credit & Course Provided by:

Advanced Financial Statement Analysis

OnDemand Webinar (92 minutes)

Learn a 'comprehensive approach' to financial statement analysis. The material will begin with analyzing the four financial statements- Income Statement, Statement of Retained Earnings, Balance Sheet, and Statement of Cash Flows. This will include Revenue and Expense Recognition, FIFO, LIFO, and Average Inventory Costing Models, Operating Expenses (Repairs) versus Improvements, Depreciation including Straight-Line, Units-of-Production, and Double-Declining Balance, Amortization, and Depletion. The topic will also explore Accounts Receivable assessment, Allowance for Doubtful Accounts, Intangible Assets, Accounts Payable assessment, Capital and Operating Leases, and analysis of the Equity Section of the Balance Sheet including Partners' Capital Accounts, Common and Preferred Stock, Treasury Stock, Stock Splits, and Retained Earnings. Additionally, the types or levels of financial statements will be highlighted including Company-Prepared, Compiled, Reviewed, and Audit. The Audited Financial Statements will include 'Unqualified, Qualified, Adverse, and Disclaimer.' You will then be introduced to a 'five-part' Financial Statement Analysis Model which will include the Liquidity, Activity, Leverage, Operating Performance, and Cash Flow Additionally, the related topics of the Z-Score (bankruptcy predictor) and the Sustainable Growth models will be reviewed. Two case studies will be used to illustrate the 'five-part' analysis model and the 'correct' interpretation of the financial statements.

Authors

David L. Osburn, M.B.A., CCRA, Osburn & Associates, LLC

Agenda

Analyze the Four Financial Statements Including Income Statement, Statement of Retained Earnings, Balance Sheet, and Statement of Cash Flows

Explore Income Statement Issues Including Revenue Recognition, Inventory Costing, and Depreciation

Cover Balance Sheet Accounts Including Accounts Receivable, Allowance for Doubtful Accounts, Accounts Payable, and the Equity Section

Review the Levels of Financial Statement Reporting Including Company-Prepared, Compiled, Reviewed, and Audit

Analyze a "Five-Part" Analysis Model Including Liquidity, Activity, Leverage, Operating Performance, and Cash Flow

Discuss the Z-Score (Bankruptcy Predictor) and Sustainable Growths Models

Summarize the Seminar Concepts Through Case Studies

Additional Formats

Audio & Reference ManualMore Info
MP3 DownloadMore Info