Understand and Interpret Financial Statements

Training Provided by Lorman Education Services nIn 90 information-packed minutes, you will gain the essential knowledge you need to read and interpret financial statements. First, you will learn what the major financial statements - the balance sheet, income statement and cash flow statement - tell you about an organization and how they tie together. You will examine the concepts behind the major sections in the financial statements, such as current versus long-term, cost versus expense, etc. This teleconference will also explore several approaches to interpreting the meaning behind the numbers, including comparative analysis and ratio analysis. Finally, you will learn various approaches to evaluating new investment opportunities and how to determine the sales they need to breakeven or to achieve a desired profit.

Understand and Interpret Financial Statements Agenda

1. Financial Statement Overview
1. The Balance Sheet
1. Current Assets
2. Fixed Assets
3. Current Liabilities
4. Long-Term Liabilities
5. The Capital Section
2. The Income Statement
1. Revenues
2. Cost of Goods and Services Sold
3. Selling and Administrative Expenses
3. The Statement of Cash Flows
1. The Direct vs. The Indirect Method
2. Cash Flows From Operations
3. Cash Flows From Investing
4. Cash Flows From Financing
2. Comparative and Ratio Analysis
1. Comparative Financial Statement Analysis
2. Ratio Analysis
1. Profitability Ratios
2. Activity Ratios
3. Solvency Ratios
3. Evaluating Investment Opportunities
1. Payback Period
2. Internal Rate of Return
3. Net Present Value
4. Economic Value Added
4. Breakeven Analysis
1. Fixed vs. Variable Costs
2. Contribution Margin
3. How to Calculate Breakeven and Target Profit Points
5. Questions and Answers

About The Training Provider: Lorman Education Services

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