Course Information
Analysis of the Corporate Annual Report
Course Information
Title: | Analysis of the Corporate Annual Report |
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Category: | Accounting and Auditing |
Field of Study: | Accounting |
Course Code: | M186 |
CPE Credits: | 4.0 |
Price: | 34.95 |
Description
Description:
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.
Delivery Method: Online Interactive Self Study
Level: Overview
Prerequisites: None
Advanced Preparation: None
Course Details
Category: Accounting and Auditing
Field of Study: Accounting
Passing Score: 70%
Technical Details: Accounting: Technical
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Objectives
Objectives:
Chapter 1:
- 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:
- 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:
- 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:
- Identify types of ratio analysis.
- Recognize some of the limitations of different ratio analysis.
- Apply financial ratio calculations.
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Profession
NASBA: Yes
QAS: Yes
CPA: Suitable for all CPAs
IRS: No IRS credit for Enrolled Agents.
Profession Identifiers: CPA