Kaplan University School of Professional and Continuing Education Kaplan University School of Professional and Continuing Education

Analyzing Financial Statements – A Guide (AFS2)

2-Hour Program (Great industry course)

WHY ATTEND THIS COURSE?

All CPAs and financial professionals know how to analyze financial statements. Recent company examples of improper revenue recognition, low earnings quality, and cash flow issues emphasize the importance of understanding financial statement relationships beyond traditional accrual analysis methods.

This program covers analysis techniques that identify unusual or unexpected financial statement relationships by emphasizing cash flow analysis and industry data.

DESIGNED FOR...

Industry CPAs, accountants, and financial professionals who analyze financial results to evaluate operational performance, perform acquisition due diligence, and develop business strategies. Practice CPAs that perform a risk assessment as a part of audit planning.

OBJECTIVE
Participants will be able to apply both traditional and non-traditional financial statement analysis techniques for specific entities and objectives.

MAJOR SUBJECTS

  • Traditional financial statement analysis for profitability, liquidity, and resource efficiency
  • Cash flow measurements for financial statement analysis
  • Assess earnings quality
  • Use of industry data with closely held companies

COURSE ACRONYM: AFS2

PRESENTATION METHOD: Group-live

LEVEL OF KNOWLEDGE: Basic

PREREQUISITES:

  • None

ADVANCE PREPARATION: None

FIELD OF STUDY: Accounting

RECOMMENDED CPE CREDIT: 2 hours


NOTE: This course is available as an 8-hour, 4-hour, and 2-hour program:

• Analyzing Financial Statements, Including Techniques for Cash Flow Analysis (AFS)
• Analyzing Financial Statements, Including Techniques for Cash Flow Analysis (AFS4)
• Analyzing Financial Statements – A Guide (AFS2)


CPE Sponsor icon

SmartPros®, A Kaplan Company and Loscalzo Institute, A Kaplan Company are 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: www.nasbaregistry.org.