Understanding Financial Statements
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Duration : 1 Hour
- What are Financial Statements?
- Importance of Financial Statements
- Various users of Financial Statements and how do they use them.
Duration : 1 Hour
- Basic Accounting Principles Concepts & Conventions that underlie financial statements
- Accounting Equation a tool to understand why a balance sheet tallies
- Presentation of Financial Statements
- Interrelation between Income Statement and Balance Sheet
Duration : 1 Hour
- General framework of requirements associated with analysis of balance sheet, income statement, and cash flow statement
- Notes to principal financial statements
- Management discussion
- Analysis of results
Duration : 2 Hours
- Purpose, construction, and commonsize analysis of income statement
- Evaluate trends in performance
- Compare the performance of different companies
- Earnings per share calculation
Duration : 2 Hours
- The purpose, construction, pertinent ratios, and commonsize analysis of balance sheet
- The format, structure, and components of the balance sheet
- Classification and valuation basis of assets and liabilities
- The components of equity and illustrates the statement of changes in owners’ equity
- Balance sheet analysis by illustrating commonsize balance sheets and calculating pertinent ratios
Duration : 1 Hour
- The purpose, construction, and commonsize analysis of the cash flow statement
- Evaluate trends in performance over several measurement periods and to compare the performance of different companies