Analysis of the Corporate Annual Report - v11 (Course Id 1175)

Accounting - Accounting for Course Id 1175

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 (MD&A), 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 calculate and analyze financial ratios and cash flows. 

NASBA QAS - Text - Technical - NASBA Registry - 1175

Chapter 1
Annual Report: The Financial Statements

• Identify the basic financial statements included in 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.

Chapter 2
Annual Report: Other Sections of the Report

• Identify the other sections and items of the annual report.
• Recognize auditing standards for internal control over financial reporting, including the Sarbanes-Oxley Act.

Chapter 3
Analysis of Financial Statements for Liquidity, Asset Utilization and Solvency

• Identify important factors for financial statement analysis.
• Recognize techniques of horizontal analysis and vertical analysis.
• Calculate different types of ratios and analyze them.

Chapter 4
Analysis of Financial Statements for Profitability and Market Value

• Identify types of ratio analysis.
• Recognize some of the limitations of different ratio analysis.
• Apply financial ratio calculations.

Chapter 1:    Annual Report: The Financial Statements

Learning Objectives

What and Why of Financial Statements

Statement of Cash Flows

Chapter 1 Review Questions

Chapter 2:    Annual Report: Other Sections of the Report

Learning Objectives

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

Learning Objectives

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

Learning Objectives

Profitability and Market Value Ratios

Market Value Ratios

Cash Flow Ratios

An Overall Evaluation – Summary of Financial Ratios

Conclusion

Summary of Financial Ratios - Trend and Industry Comparisons

Chapter 4 Review Questions

Glossary