Introduction to Financial Statements (CPA)

Estimated Time: 2.5 hours

$49.00

Earn 3 Points for Completing

Add to Cart
This course is an introduction to financial statements, why they are important, what they are, and includes a description of the environment in which they are prepared and used as well as a description of the concept of corporate governance. It emphasizes the role of financial statements in measuring how well companies have performed on key factors of business success. This course serves as the first in a series of 8 courses, all offered by PRATTedu, that cover the preparation and use of financial statements as well as the accounting methods used in constructing the financial statements. The final course in this series discusses and documents how real - world companies use discretion to create reports that measure their financial performance and position in the best possible light. Course Type: Video. Worth 3 Technical CPE Credits (CPA/NASBA).

Credits

3 CPE Credits
Image not found.

Learning Objectives

  • Describe why financial statements are important and how they are used
  • Describe the four financial statements and explain how they differ
  • List the 5 basic questions, in order, that cover the concepts measured by the financial statements
  • Use actual dollar values from actual financial statements to answer the 5 basic questions
  • Describe the economic forces that influence the preparation, use and analysis of the financial statements
  • Define the concept of corporate governance and how it relates to the financial statements
  • Describe the key areas of running a business and how they relate to how capital flows through the business
  • Link the key areas of running a business and their results to the financial statements

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:

Operations & Management: How to Run a Business
$269
Business Simulation
Operations & Management: How to Run a Business
27 PDCs
26 CAE Credits
26 CEUs
Add to Cart
Human Resources: Organizational Structure (CPA)
$34
Business Simulation
Human Resources: Organizational Structure (CPA)
1.5 CPE Credits
Add to Cart
International Business: Investing in Africa
$49
Business Simulation
International Business: Investing in Africa
2 PDCs
Add to Cart
Financial and Managerial Accounting (APA)
$269
Business Simulation
Financial and Managerial Accounting (APA)
26 RCHs
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 3 CPEs.