Beach Retreat: Seeing Beyond the Numbers: Financial Statement Analysis for CFOs & Controllers

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Instructor

David
Peters

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David Peters, CPA, CFP, CLU, CPCU, MST, MBA

Bio

David R. Peters, CPA, CFP, CLU, CPCU, MST, MBA

Founder & Owner, Peters Professional Education

David Peters is the Founder and Owner of Peters Professional Education in Richmond, VA, and is registered with the U.S. Securities and Exchange Commission (SEC) as an Investment Advisor Representative (IAR) with Peters Financial LLC. He has over fifteen years of experience in financial services, including 3 years in the hedge fund industry and six years in the insurance industry.

David was the first-ever Chief Financial Officer at Compare.com - a position he held for over three years. He is a national CPE Instructor/Discussion Leader for Surgent, Kaplan, the AICPA and Don Farmer Tax Courses. He regularly teaches courses in accounting, finance, insurance, financial planning, and ethics throughout the United States.

He holds four master’s degrees and contributes regularly to various CPA publications, including NCACPA’s Interim Report, SCACPA’s CPA Report, and VSCPA’s Disclosures. He was also a co-author of the Virginia CPA Ethics course in 2018, 2019 and 2020 – a required course for all CPAs licensed in the Commonwealth of Virginia.

Education

The American College, Bryn Mawr, PA

Ph.D. Financial Planning & Retirement Income - Current

M.S. Financial Services - 2014

Virginia Commonwealth University, Richmond, VA

M.B.A. Master of Business Administration - 2011

Pittsburgh Theological Seminary, Pittsburgh, PA

M.Div. Master of Divinity - 2006

University of Illinois, Champaign, IL

M.S. Accounting – 2004

Certifications

Certified Financial Planner (CFP) - Since December 2013

Certified Life Underwriter (CLU) - Since June 2013

Certified Financial Consultant (ChFC) - Since June 2013

Certified Property & Casualty Underwriter (CPCU) - Since May 2013

Certified Global Management Accountant (CGMA) - Since July 2012

Certified Public Accountant (CPA) - Virginia, North Carolina, South Carolina

Activities & Associations

Board Member at Leadership Metro Richmond

American Institute of Certified Public Accountants:

Young Member Leadership Committee (since 2016)

Member Retirement Committee (since 2016)

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.

Please note – materials for this event will be provided electronically ONLY. Please feel free to bring your own device to view the materials. We recommend that you download them prior to the event date rather than onsite.

Learning Objectives

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