A&A with George & Ray

Analyzing Financial Information: An Interactive Approach to Understanding Value, Earnings, Cash Flow, Solvency and Growth

• Understand how effective use of accounting-based information enables us to analyze and reconcile earnings, cash flow, solvency, and value. 
• Learn how operating, investing, and financing cash flows change over the firm’s life cycle, providing an analytical framework for formulating financial strategy. 
• Work with your peers on real life case studies using computer-based financial tools to improve your analytical skills. 
• Access Excel spreadsheet software you can use in your practice. 
• Use case studies to uncover “lessons of experience” from successful and unsuccessful financial strategies to share with your clients.

King of Prussia – Dec. 31

Cash Flow Analysis: Using the Cash Flow Statement to Understand the Financial Health of the Business

• Review FASB No. 95 and obtain a three-dimensional view of operating cash flows. 
• Analyze cash operating cycles and avoid the “cash flow crunch.”
• Employ a spreadsheet model to understand the trade-offs involved with the financing needs of growing companies.
• Understand RMA’s new industry-specific cash flow benchmarks.
• Use cash flow ratios to understand strategic investing and financing decisions.

Trevose – Dec. 15
Mars – Dec. 19

FASB/SAS Update

• Become familiar with newly-issued and forthcoming accounting and auditing standards. 
• Hear an explanation of SFAS 141(R) and No. 160 involving business combinations, consolidations, and minority interests. 
• Understand how the financial reporting environment is changing as we move to global accounting standards and watch how private company financial reporting gains momentum. 
• Discuss how FIN No. 48’s guidance on tax positions affects closely held companies and the CPAs who audit them.
• Receive an update on current and proposed standards involving EITF, FASB, PCAOB, ASB, and IASB.

Hershey – July 28
Malvern – Sept. 26
Trevose – Oct. 31
Bethlehem – Dec. 10
Malvern – Dec. 12
Mars – Dec. 17
Harrisburg – Dec. 23
King of Prussia – Dec. 29

George and Ray’s Review of Accounting Standards for Industry

• Discuss the impact of newly-issued FASB standards for fair-value accounting, business combinations, tax positions, and stock-based compensation. 
• Explore changes to the reporting environment involving internal control, affecting both public and non-public companies. 
• Receive an update on how SAS No. 99 has affected fraud prevention and detection. 
• Obtain a broad understanding of accounting issues that affect practitioners in industry. 
• Understand how SEC, AcSEC, EITF, ASB, and IASB are adapting to demands for timely, accurate financial information.

Hershey – July 30
Trevose – Nov. 14
Mars – Dec. 18
King of Prussia – Dec. 30

Ratio Analysis Update: A Hands-On Approach to Making Effective Use of Financial Statement Information

• Gain experience with the basic tools of financial statement analysis and how they are used to make decisions.
• Employ analytical procedures to detect irregularities. 
• Work on real life companies to evaluate firms, and make recommendations and decisions. 
• Gather and analyze information about your client’s current financial situation with Excel-based analytical tools and the Internet. 
• Understand how cash flow ratios may give a different perspective on a company when compared with their accrual-based counterparts.

Hershey – July 31
Malvern – Dec. 1
Mars – Dec. 8

George and Ray’s Guide To: Compilation, Review and the Cash and Tax Basis of Accounting

• Obtain an overview of the standards, interpretations, and practice problems involved in compilation and review today.
• Become aware of the changes to compilation and review engagements brought about by recently issued standards SSARS No. 10 – 15.
• Understand the CPA’s increased responsibilities for detecting and reporting fraud.
• Apply the revised independence standards of Ethics Interpretation 101-3 to your small business clients; understand how they affect your services.
• Gain an appreciation of ARSC’s projects involving bookkeeping services, analytical procedures, and quality control.
• Become familiar with reporting standards for personal financial statements.
• Know the display, reporting, and disclosure issues involving OCBOA statements and how they can provide more cost effective reporting.

Hershey – July 29
Mars – Oct. 17
Trevose – Dec. 11
King of Prussia – Dec. 22