Instructor
Financial statements are a window into what is going on in the day-to-day operations of the company. They help us see what the company’s strengths and weaknesses are. However, financial statements can often have different messages depending on the user.
• Indicate how different stakeholders utilize financial statements
• Recognize how flexible budgeting may be used by CFOs and
Controllers
• Recall how time series analysis and common size financial
statements are used in trend analysis
• Calculate liquidity, leverage, and profitability ratios
• Identify the uses and limitations of ratio analysis
• Purpose of financial statement analysis
• Comparing Actuals vs. Expectations & Benchmarking
• Case Studies 1 & 2
• Ratio Analysis
• Case Study 3
• Analysis of Statement of Cash Flows
• Case Studies 4 & 5
• Other Uses of Ratios
A basic understanding of financial statements and financial statement preparation
Controllers or accountants who are involved in the financial reporting functions of their companies and looking to improve their review skills