Financial Statement Training
Financial Statements: Reading and Analyzing an Annual Report
 Financial Statements: Reading and Analyzing an Annual Report
teaches the student how to read and analyze an annual report and its notes of disclosure. The program details the characteristics, users, and components of annual reports and
notes of disclosure that will help the student understand why it is important to create, analyze, and comprehend annual reports.
Financial Statement Training on CD-ROM Course teaches you to
- Select the purpose of an annual report.
- Identify the key components of an annual report.
- Identify information a company must disclose in an annual report.
- Choose the purpose of an internal control report.
- Analyze financial data using the duPont equation.
Audience: Managers or employees interested in learning more about the importance of financial statements to daily business processes
Total Learning Time: 2 to 4 hours on interactive CD-ROM
|
Product
|
CODE
|
Price
|
Order
|
|
Financial Statements: Reading and Analyzing an Annual Report
|
ng48532
|
$110.00
|
|
Course Contents
Unit 1: Reading an Annual Report
0.5 - 2 hours
• Select the purpose of an annual report.
• Identify the elements that make an annual report credible.
• Identify individuals and entities interested in a company's annual report.
• Identify the key components of an annual report.
• Simulation Overview:
• In this simulation, you will meet with Amy Hughes, a financial analyst in Icon's
Financial Services Division. Amy will ask you a series of questions designed to test your knowledge and understanding of annual reports. Through her questions
and your answers, you will gain a better understanding of the fundamentals of annual reports, the users of annual reports, and the basic components that make up an annual report.
Unit 2: Reading Notes to Financial Statements
0.5 - 1 hour
• Identify information a company must disclose in an annual report.
• Identify significant accounting policies.
• Select the types of changes in accounting principles.
• Identify types of significant commitments.
• Select the conditions for reporting concentrations.
• Identify the characteristics of extraordinary items.
• Select the purpose of reporting prior period adjustments.
• Identify the purpose of reporting earnings per share.
• Choose the purpose of an internal control report.
• Simulation Overview:
• In this simulation, you will meet with Carla Jackson, a budget accountant in Icons' Financial Services Division. Carla is a very experienced employee, and she
takes a great deal of pride in teaching new employees Icons' financial systems. She will test your knowledge of disclosures that are found in financial statements.
Through your discussion, you will increase your understanding of the different types of disclosures and the common reasons to use them
Unit 3: Analyzing the Annual Report
1 hour
• Identify the impacts of the four depreciation methods on a company's annual report.
• List ways amortization affects an annual report.
• Identify the impacts of the two inventory methods on a company's annual report.
• Calculate return on sales.
• Calculate the total assets turnover.
• Calculate the equity multiplier.
• Analyze financial data using the duPont equation.
• Calculate the price-earnings ratio.
• Simulation Overview:
• In this simulation, you will meet with John Cunningham, one of Icon's corporate
controllers. John has a great deal of experience with annual reports, and he has asked you to join him so he can share some of his knowledge. He will discuss the
implications of depreciation and inventory methods, as well as ratio analysis. He will also ask you a number of questions that will allow him to gauge your level of understanding about these important components.
|
