Advanced Financial Statement Analysis

$169.00

Attend this proactive webinar and learn a “comprehensive approach” to financial statement analysis.

The session 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 webinar 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 quality of financial statements will be highlighted including Company-Prepared, Compiled, Reviewed, and Audit. The Audited Financial Statements will include “Unqualified, Qualified, Adverse, and Disclaimer.”

The participant will then be introduced to a “five-part” Key Ratio Analysis Model which will include the Liquidity, Activity, Leverage, Operating Performance, and Cash Flow. The Cash Flow section will include the business “traditional” EBITDA cash flow, the personal cash flow of the “business owner,” and the Global Cash Flow (combined “business & personal”). 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 “correct” interpretation of the financial statements.

 

Want a discount? Become a member by purchasing LawPracticeCLE Unlimited or Limited Time Unlimited Black Friday Special!

Event Details

Webinar Date

Webinar Time

Course Type

Course Instructor

David L. Osburn, MBA

Original Date Of Course

General Credits

2

Course Description

Attend this proactive webinar and learn a “comprehensive approach” to financial statement analysis.

The session 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 webinar 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 quality of financial statements will be highlighted including Company-Prepared, Compiled, Reviewed, and Audit. The Audited Financial Statements will include “Unqualified, Qualified, Adverse, and Disclaimer.”

The participant will then be introduced to a “five-part” Key Ratio Analysis Model which will include the Liquidity, Activity, Leverage, Operating Performance, and Cash Flow. The Cash Flow section will include the business “traditional” EBITDA cash flow, the personal cash flow of the “business owner,” and the Global Cash Flow (combined “business & personal”). 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 “correct” interpretation of the financial statements.

Syllabus

  1. Analyze the four financial statements including Income Statement, Statement of Retained Earnings, Balance Sheet, and Statement of Cash Flows
  2. Explore Income Statement issues including Revenue Recognition, Inventory Costing, and Depreciation
  3. Cover Balance Sheet accounts including Accounts Receivable, Allowance for Doubtful Accounts, Accounts Payable, and the Equity Section
  4. Review the quality of financial statement reporting including Company-Prepared, Compiled, Reviewed, and Audit
  5. Analyze a “five-part” Key Ratio Analysis model including Liquidity, Activity, Leverage, Operating Performance, and Cash Flow (EDITDA, personal, and Global)
  6. Discuss the Z-score (bankruptcy predictor) and Sustainable Growths models
  7. Summarize the webinar concepts through Case Studies

Instructor

David L. Osburn, MBA

You may also like…