Analysis of the Corporate Annual Report FLEXCAST

Overview

This course focuses on an analysis of the corporate annual report. It helps you interpret and understand its components, including the financial statements, footnotes, review of operations, auditor’s report, supplementary schedules, management discussion and analysis, 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 ratios and cash flow analyses.

Highlights

Annual report: the financial statements. Annual report: other sections of the report. Analysis of financial statements for liquidity, asset utilization and solvency. Analysis of financial statements for profitability and market value.

Prerequisites

None.

Designed For

CPAs, CFOs, controllers, financial professionals, and auditors.

Objectives

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 types of accounts that may exist in the financial statements, and more.

Preparation

None.

Notice

This is a FlexCast (no exam required) and may be viewed only Monday - Saturday, 5am - 5pm PT. You may take up to one year from the date of purchase to complete the course. Pause your FlexCast and resume at a convenient day during the hours above. Partial credit for 2+ credit courses: If you are unable to complete the course in one sitting, partial credit can be awarded (minimum of one credit). To earn the remaining credits, you must return later and start the course from the beginning. Use chat to ask questions of a subject matter expert during the program.