Analyzing Financial Statements 2024

Overview

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

Prerequisites

None

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.

Objectives

• 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

Preparation

None

Notice

This course is provided by a third-party vendor. Please note that login instructions will not be available in the ‘My Upcoming CPE’ section of the NESCPA website. Instead, the login instructions will be sent directly to you via email by the California Education Foundation (CalCPA). Upon completing the course, your hours will be recorded in the ‘My CPE Tracker’ section of the NESCPA website.