|Author :||Jae K. Shim, Ph.D., CPA|
|CPE Credits :||4.0|
|IRS Credits :||0|
|Passing Score :||70%|
|Primary Subject-Field Of Study:||
Accounting - Accounting and Auditing for Course Id 1175
|Description :||This course focuses on an analysis of the corporate annual report. It help you interpret and understand its components, including the financial statements, footnotes, review of operations, auditor's report, supplementary schedules, management discussion and analysis (MD&A), and Managements 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 ratio and cash flow analyses.|
|Usage Rank :||0|
|Experience Level :||Overview|
|Additional Contents :||Complete, no additional material needed.|
|Additional Links :|
|Advance Preparation :||None.|
|Delivery Method :||Self-Study|
|Intended Participants :||Anyone needing Continuing Professional Education (CPE).|
|Revision Date :||09-Jan-2017|
|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 - NASBA Registry - 1175
|Keywords :||Accounting, Analysis, Corporate, Annual, Report, 2016, cpe, cpa, online course|
|Learning Objectives :||
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.
Recognize auditing standards for internal control over financial reporting, including the Sarbanes-Oxley Act.
Recognize techniques of horizontal analysis and vertical analysis.
Calculate different types of ratio analysis.
Recognize some of the limitations of different ratio analysis.
Apply financial ratios calculations.
|Course Contents :||
Chapter 1: Annual Report: The Financial Statements
What and Why of Financial Statements
Statement of Cash Flows
Chapter 1 Review Questions
Chapter 2: Annual Report: Other Sections of the Report
Other Sections in the Annual Report
SEC Reporting Requirements: Integrated Disclosure System
Chapter 2 Review Questions
Chapter 3: Analysis of Financial Statements for Liquidity, Asset Utilization and Solvency
The Purpose and Value of Financial Statement Analysis
Cash Flow Ratios and Solvency
Chapter 3 Review Questions
Chapter 4: Analysis of Financial Statements for Profitability and Market Value
Profitability and Market Value Ratios
Market Value Ratios
Cash Flow Ratios
An Overall Evaluation Summary of Financial Ratios
Summary of Financial Ratios - Trend and Industry Comparisons
Chapter 4 Review Questions