Compliance4All, Online Event
2016-09-12
Overview: For analysis purposes, the financial statements that typically used are the balance sheet, the income statement and the cash flow statement. The lack of any appreciable standardization of financial reporting terminology complicates the understanding of many financial statement account entries. This circumstance can be confusing for the beginning reader.
Why should you Attend: The reason to attend are as varied as the types of individuals desiring information about Financial Statements. Financial Statements are presented in the language CPAs and financial persons. Knowing the meaning of the terms included in a financial statement is the beginning to knowing the contents of the numbers with in each category.
Yes Ratio Analysis is math but it is basic math and will help the financial statement reader understand the business' past and possibly future profitability.
Areas Covered in the Session: Different needs of different financial statement readers Definitions of various financial statement terminology Contents and purpose of Income Statement Contents and purpose of Balance Sheet Contents and purpose of Cash Flow Statement Analyzing Financial Statements using Ratios Common questions ratios can answer
Who Will Benefit: Potential Investors Employee Investors Decision-makers within the company Lending Institutions Shareholders Accounting Firms Controller & Accounting Departments
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