Reading and analyzing financial statements
SKU: 06-280-01-CPE
Credit Hours: 3
CPE Category: Finance
Delivery Method: Video
Instructor: Jamie Pratt
Course Description:
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.
After completing the course you should be able to:
- 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.