Instructor
David Peters
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Instructor
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
Certifications
Activities & Associations
How do I know if I am right? This is a common question among accountants after they get done closing out the month. Even after the last journal entry is entered, what may not be apparent is how the financial statements fit together. In this course, we will be exploring basic financial statement information, including what each statement shows and how this information feeds into the other statements. We will also explore concepts like materiality and basic ways to know if everything is tying out, so you and your clients can rest assured that everything is correct!
- Recognize the 4 basic financial statements and how they fit together.
- State the different sections of the Statement of Cash Flows and the components of each section.
- Identify the signs of poor earnings quality.
- Balance Sheet Presentation & Concepts
- Assets vs Expenses
- Income Statement Presentation & Concepts
- Statement of Shareholder’s Equity Presentation & Concepts
- Statement of Cash Flows Presentation & Concepts
- Earnings Quality
- Connections Between Financial Statements
- Reviewing Financial Statements
- Review Questions
- Summing It Up
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Small business owners or practitioners who are new to the industry, or are looking to deepen their knowledge of financial statements.
