The Interpretation of Financial Statements FLEXCAST
Available Until
Your Desk
11.0 Credits
Member Price $49.00
Non-Member Price $56.00
Overview
Financial statements are the backbone of business information, yet their high-level nature often masks critical details, leading to obscured insights. This course addresses this challenge head-on, providing you with the tools to dissect these documents for a clearer understanding. This course is specifically designed for tax, accounting, and finance professionals, covering in-depth analysis of the balance sheet, income statement, and cash flows. You’ll learn how to interpret various line items in financial statements, apply analysis tools effectively, and uncover operational and financial issues impacting these statements. By understanding the nuances behind the numbers, such as different cash levels and designations, depreciation methods, inventory turnover, and more, you’ll be able to provide more insightful advice and make better financial decisions. This course is your key to unlocking the hidden stories within financial statements, enhancing your value to clients and your organization.
Highlights
Overview of financial statements. Interpretation of cash and investments. Interpretation of receivables. Interpretation of inventory. Interpretation of fixed assets. Interpretation of other assets. Interpretation of current liabilities, and more.
Prerequisites
None.
Designed For
CPAs, CFOs, controllers, financial professionals, and auditors.
Objectives
Identify how the accrual basis of accounting concept functions. Identify how the accounting equation concept works. Cite the business situations indicated by different cash levels and cash designations, 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.
Leader(s):
Leader Bios
Steven Bragg, Western CPE
Steven M. Bragg, CPA, is a full-time book and course author who has written more than 70 business books. He provides Western CPE with self-study courses in the areas of accounting and finance, with an emphasis on the practical application of accounting standards and management techniques. A sampling of his courses include the The New Controller Guidebook, The GAAP Guidebook, Accountants’ Guidebook, and Closing the Books: An Accountant’s Guide. He also manages the Accounting Best Practices podcast.
Steven has been the CFO or controller of both public and private companies and has been a consulting manager with Ernst & Young and an auditor with Deloitte & Touche. He holds an MBA from Babson College, a Master of Finance from Bentley College, and a BA from the University of Maine (summa cum laude).
Non-Member Price $56.00
Member Price $49.00