Financial Statement Presentation, Disclosure, and Analysis

This comprehensive session is a must-attend event for accountants who prepare financial statements and want to explore best practices for discerning the stories told by financial statements. We discuss salient requirements for presenting financial information while considering the critical role of disclosure for lending relevance to financial statements. We also explore techniques that will allow participants to perform meaningful financial statement analysis and effectively communicate conclusions to decision-makers and other stakeholders. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

After attending this presentation, you will be able to...

• Utilize resources for financial statement preparation.
• Identify efficient methods for preparing financial statements and related disclosures.
• Recognize techniques for financial statement analysis.
• Identify tools that facilitate analysis and apply tools and techniques to actual financial statements.

Highlights

The major topics that will be covered in this course include:

• U.S. GAAP and Special purpose frameworks
• Form and content of financial statements: Balance sheets; Income statements; Statements of cash flows; Retained earnings and/or owners’ equity statements; Comprehensive income; Supplementary information
• Comparative vs. single-period financial statements
• Sufficiency of disclosures
• Illustrative disclosures frequently encountered in small-to-medium reporting entities
• Industry-specific nuances
• Purposes of financial statement analysis
• Trend analysis and vertical & horizontal analysis
• Simple and multivariate regression
• Analysis of metrics
• Assessment of liquidity, solvency, and profitability
• Using data visualizations
• The role of qualitative factors