Accounting Introduction to Financial Statement Analysis to Detect Fraud and Improve Operations (v22) – Video Self Study Course

Current Status
Not Enrolled
Price to Purchase
Course Individually
$39.95
Get Started

Course Description

Accounting Introduction to Financial Statement Analysis to Detect Fraud and Improve Operations is a course that will identify the primary purpose of financial statement analysis. This course will examine financial statements through the lens of an analyst who does not prepare the statements. This course will identify the basic tools of analysis from a conceptual standpoint. This course will describe the various anomalies that may appear during analysis. Part 2 of this course will describe how to calculate and interpret ratios related to financial statements accounts. Participants will learn how to combine certain related ratios in order to better understand the financial issues facing any company and be able to apply these tools in a problem-solving case. Part 3 of this course will teach participants how to calculate return on invested capital by using the ROIC tree concept. Finally, participants will learn how to apply the ROIC tree in making day-to-day decisions to improve the return on invested capital. Part 4 of this course will teach participants how to identify the financial condition and profitability of the company and will teach how to apply improvement methods to increase the value of the company in the marketplace.

NOTE - This is a Video Self-Study Course

Learning Objectives

Upon successful completion of this course participant should be able to be complete the following objectives:

  • Identify the primary purpose of financial statement analysis.
  • Examine financial statements through the lens of an analyst who does not prepare the statements.
  • Recognize the premise upon which analysis can occur.
  • Recognize the basic tools of analysis from a conceptual standpoint.
  • Identify anomalies that appear during analysis.
  • Calculate and interpret ratios related to financial statements accounts.
  • Combine certain related ratios in order to better understand the financial issues facing any company.
  • Apply these tools in a practice problem-solving case.
  • Calculate return on invested capital by using the ROIC tree concept.
  • Identify the financial condition and profitability of the company.

CPE Credits: 8 CPE for CPAs

Level: Intermediate

Instructional Method: Self-Study

NASBA Field of Study: Accounting

Program Prerequisites: None

Advanced Preparation: None

Revision Date: April 1, 2022