Author : | Jae K. Shim, Ph.D., CPA |
Course Length : | Pages: 101 ||| Review Questions: 90 ||| Final Exam Questions: 50 |
CPE Credits : | 10.0 |
IRS Credits : | 0 |
Price : | $89.95 |
Passing Score : | 70% |
Course Type: | NASBA QAS - Text - Technical - NASBA Registry |
Primary Subject-Field Of Study: | Accounting - Accounting for Course Id 1360 |
Description : | Analysis and Uses of Financial Statements is designed for interested parties who must understand how to read, interpret, and analyze financial statements. This course describes in clear, concise, and understandable language the intricacies of financial statements, and their use by investors, creditors, analysts, and other interested parties. This course can enhance your chance for success in business and investing; by enabling you to profit from the knowledge, insights, and perceptions of professionals who use financial statement analysis tools and techniques on a day-to-day basis. Realistic examples and illustrations of financial statement analysis are widely used in this course to make the subject matter crystal clear. That is the major objective of this course. This course explains the objectives of financial statements in a meaningful manner. The accounting principles used in compiling financial statements and the qualitative characteristics of data appearing on financial statements are relevantly and reliably described. After a thorough overview of financial statements, major tools and techniques as explained, including:
The significance of interim financial statements and segment reporting is explored, as are analysis of annual reports and management discussion and analysis (MDA). The analytical techniques discussed in this course are well within the limits of today’s information technology. Once the concepts are understood, software can be used to eliminate much of the computational tedium involved. |
Usage Rank : | 0 |
Release : | 2021 |
Version : | 1.0 |
Prerequisites : | Basic Math. |
Experience Level : | Overview |
Additional Contents : | Complete, no additional material needed. |
Additional Links : |
Financial Statement Analysis
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Advance Preparation : | None. |
Delivery Method : | QAS Self Study |
Intended Participants : | Anyone needing Continuing Professional Education (CPE). |
Revision Date : | 28-Jan-2022 |
NASBA Course Declaration : | Participants must complete the final examination within one year of purchase and with a minimum passing grade of 70% or better to receive CPE credit unless otherwise noted on the Course History page (i.e. California Ethics must score 90% or better). After logging in click on the Course History links on your My Courses page for the Begin date and Expire date for the Final Exam. |
Approved Audience : | NASBA QAS - Text - Technical - NASBA Registry - 1360 |
Keywords : | Accounting, Analysis, Uses, Financial, Statements, v11, cpe, cpa, online course |
Learning Objectives : |
Chapter 1
Chapter 2
Chapter 3
Chapter 4
Chapter 5
Chapter 6
Chapter 7
Chapter 8
Chapter 9
Chapter 10
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Course Contents : | Chapter 1: Objectives of Financial Statement Analysis and Financial Reporting Learning Objectives The Focus of Financial Statement Analysis Investor’s Needs Framework for Financial Reporting Summary Chapter 1 Review Questions Chapter 2: Accounting Assumptions, Principles, Procedures and Policies Learning Objectives Accounting Assumptions Accounting Principles Accounting Procedures and Policies Other Accounting Considerations Summary Chapter 2 Review Questions Chapter 3: Understanding Financial Statements Learning Objectives What and Why of Financial Statements Consolidated Financial Statements The Balance Sheet The Income Statement Retained Earnings Statement Statement of Cash Flows Other Sections of the Annual Report The Sarbanes-Oxley Act Summary Chapter 3 Review Questions Chapter 4: An Overview of Financial Statement Analysis Learning Objectives Basic Considerations Major Tools of Analysis Sources of Information Comparative Financial Statements Ratio Analysis Cash Flow Analysis Specialized Analytical Tools Summary Chapter 4 Review Questions Chapter 5: Analysis of Liquidity and Activity Learning Objectives Liquidity Ratios Activity Ratios Operating Cycle of a Business Interrelationship of Liquidity and Activity to Earnings Other Considerations Summary Chapter 5 Review Questions Chapter 6: Analysis of Solvency and Capital Structure Learning Objectives Solvency (Leverage and Debt Service) Leverage Cash Flow Ratios and Solvency Summary Chapter 6 Review Questions Chapter 7: Profitability Analysis Learning Objectives Quality of Earnings Return on Investment Summary Chapter 7 Review Questions Chapter 8: Market Strength and Overall Evaluation Learning Objectives Earnings per Share Market Test Ratios Other Considerations An Overall Evaluation Summary Chapter 8 Review Questions Chapter 9: Analysis of Cash Flows Learning Objectives Preparing and Analyzing the Statement of Cash Flows Trend Analysis and Industry Comparison Cash Flow Coverage (Adequacy) Ratios Cash Flow Performance Measures Summary Chapter 9 Review Questions Chapter 10: Interim Statements and Segment Analysis Learning Objectives Interim Financial Report Segment Reporting Summary Chapter 10 Review Questions Glossary |