Once you know how to read a financial statement, how do you make use of that? Learn to reveal a company’s ability to meet obligations and its financial strength. You will also learn to assess changes in profitability and measure the company’s efficiency.
You will learn how to protect yourself, clients and your firm against deceptive reports and accounting practices.
This course picks up where HOW TO UNDERSTAND A FINANCIAL STATEMENT ends. That course or a solid understanding of basic accounting principles is needed to fully take advantage of this program.
Agenda
Basic Analytical Techniques
Short-term liquidity
Long-term solvency
Profitability
Return on Investment (ROI)
Useful ratios
Detecting Manipulated Financial Results
Revenue
Wrong period recognition
Unreported revenue
Fictitious revenue
Expenses
Accruals and allowances
Asset impairment
Abuse of capitalization vs. expense
Using inventory to affect cost of goods sold
Other Measurements of Earnings
Certain transactions and types of litigation employ specialized definitions of operating results
EBITDA
Proforma
Free cash flowIf you purchase a Live Webcast and miss all or part of it on the day it is scheduled, you will receive an email the next week letting you know that it’s available as an archived copy. At that point, it will be available to you to view for 90 days from the date of purchase.
ALL CREDIT MINUTES FOR NHBA CLE PROGRAMS WILL BE REPORTED
TO THE NHMCLE ART SYSTEM FOR YOU TYPICALLY WITHIN TWO BUSINESS DAYS OF PRINTING THE PROGRAM CERTIFICATE.
Materials:
Materials for In-Person Seminars, Online seminars, CLEtoGo seminars and Live Webcasts will come in pdf format closer to the program for you to download and save/print. They will be available in your online account through this catalog.
The opinions expressed by the speakers and panelists are their own and do not necessarily reflect the views of the New Hampshire Bar Association. The New Hampshire Bar Association does not endorse or assume responsibility for any statements made during this program.