How to Read and Analyze Financial Statements (CPA)

Estimated Time: 3 hours

$47.00 $59.00

Earn 4 Points for Completing

Add to Cart
This course provides a thorough coverage of how to read and analyze financial statements as well as how the analysis can be organized to identify and assess a company’s value drivers. It begins with videos covering the balance sheet, income statement, statement of cash flows and the statement of shareholders’ equity. It then moves into the real world, focusing on Home Depot, its key performance measures, leading to a complete ratio analysis. Home Depot’s performance is then compared to that of Lowe’s Home Improvement in terms of the basic ratios, more much more importantly using an ROE - based model that highlights the companies’ value drivers. Course Type: Video. Worth 4 Technical CPE Credits (CPA/NASBA).

Credits

4 CPE Credits
Image not found.

Learning Objectives

  • Explain what a balance sheet measures and describe the basic balance sheet classifications and accounts
  • Explain what an income statement measures and describe the basic classifications and line items
  • Explain what the statement of cash flows measures and describe the three basic classifications, especially the operating section prepared under the indirect method
  • Explain what the statement of shareholders' equity measures and describe the different accounts that appear on it
  • Assess Home Depot's financial condition and performance by reviewing its financial statements
  • Describe the key areas of business performance and link them to the measures provided by the financial statements
  • List, compute and interpret a set of ratios that link to the key areas of business performance
  • Analyze the differences in the financial condition and performance of Home Depot vs. Lowe's using a set of financial ratios
  • Explain how return on equity can be broken down into its determinants and link this model to the measures of the key areas of business performance
  • Analyze the differences in the financial condition and performance of Home Depot vs. Lowe's using the ROE model

How do I earn credits with VTR Learning?

Can I earn free credits?

How quickly do I receive my credits after completing a course?

How long do I have to complete my course?

What happens if I fail my course?

Do I earn a certificate of completion?

Field of Study: Accounting - Prerequisites & Advanced Preparation: None - CPE Credit Type: Technical - Delivery Method: QAS Self Study - For more information regarding administrative policies such as complaint and refund, please contact our Customer Success team at support@vtrpro.com or visit our Help webpage.

Here are some other courses you might like:

How to Read and Analyze Financial Statements (CPA)
$47.00 $59
Video
How to Read and Analyze Financial Statements (CPA)
4 CPE Credits
Add to Cart
Classification, Debt and Equity (CPA)
$51.00 $64
Video
Classification, Debt and Equity (CPA)
4.5 CPE Credits
Add to Cart
History of Management: Worldview & Management Theory
$39.00 $49
Business Simulation
History of Management: Worldview & Management Theory
3 PDCs
Add to Cart
Business Strategy: Assessing Risk
$39.00 $49
Business Simulation
Business Strategy: Assessing Risk
2 PDCs
Add to Cart

CPA: VTR is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: NASBAregistry.org. This program is valid for 4 CPEs.