Financial Reporting & Analysis: Complete Preparation 2023

Learn to Read, Understand, and Analyse the Financial Statements of a Company

What you'll learn

Learn to read and analyse the major financial statements - Income Statement, Balance Sheet, Cash Flow

Be able to evaluate a company using ratio analysis

Go in depth into the financial reporting specifics for individual line items

Practice various financial analysis techniques

Requirements

No prior experience is required.

Description

Do you want to take your career as a financial analyst to the next level?Are you looking for a way to acquire valuable skills that will set you apart from the competition?You’ve come to the right place!The Financial Reporting and Analysis Course guides you through the core principles and practical applications of reading & analyzing financial reports.This is essential for those of you who have taken on a career in Finance, such as:Financial AnalystsFinance ManagersEquity AnalystsInvestors, orAnyone keen to enhance their financial reporting and analysis skillsThe course consists of several major chapters:1) The Income Statement – you will examine the key aspects of revenue and expense recognition, learn how to calculate EPS and DEPS, distinguish between operating and non-operating components of the Income Statement, and much more.2) The Balance Sheet – this section will teach you the specifics of the major current & non-current assets and liabilities, as well as how to evaluate the liquidity and solvency positions of a company.3) The Cash Flow Statement – you will find out how to construct a Cash Flow Statement, how to convert cash flows from the Indirect method to the Direct approach, what is the difference between FCFF and FCFE, etc.Financial Ratio Analysis - we will tackle several categories of financial multiples with practical examples and challenges, aiming to reinforce what you have learned.Financial Reporting for Specific Items – this is where you’ll examine Inventory, PP&E, Leases, and other relevant items in more detail.Mastering these topics will make you a valuable, indispensable member of any company’s Finance team.What makes this course different from the rest of the Finance courses out there?Experienced InstructorAntoniya is a Finance Manager with over 10 years of experience in Financial Reporting. She is a Fellow Member of the Association of Chartered Certified Accountants (FCCA) and finds herself very passionate about teaching. Her in-depth knowledge in the field of Finance allows her to explain a seemingly complex topic in an easy-to-understand manner. Through the years, she has successfully put theory to practice in various projects. If you have any content-related questions, you can always reach out to her!Interactive ExperienceThe course is beautifully animated, easy to follow, and interactive. Our goal is to deliver the ultimate training experience for you! Not only that- we have provided extensive practice questions that will help you reinforce everything you’ve learned.Well StructuredThis course shows it all, with no steps skipped. The lessons are easy, time-efficient, and well structured. We have used a number of teaching methods! Video lectures, Theory, Real Business Examples, Animations, Case Studies… you name it!This course also offers:· High quality of production – we have prepared full HD video and animations. This isn’t a collection of boring lectures!· Excellent support – if you have any difficulty understanding a concept, drop us a line. You’ll receive an answer within 1 business day.· Dynamic pace– we don’t want to waste your time! The instructor keeps a very good pace throughout the whole course.Don’t forget that the course comes with Udemy’s 30-day, unconditional money-back-in-full guarantee. And why not give such a guarantee, when we are convinced that the course will provide plenty of value for you?Click the “Buy Now” button and become a part of the Financial Reporting and Analysis training today.

Overview

Section 1: Introduction

Lecture 1 What Does the Course Cover?

Lecture 2 Formula Sheet

Section 2: Introduction to Financial Statement Analysis

Lecture 3 Introduction to Financial Reporting and Analysis

Lecture 4 Major Financial Statements

Lecture 5 Supplementary Sources of Financial Information

Lecture 6 Auditor's Reports

Lecture 7 Financial Statement Analysis

Lecture 8 The Financial Statement Analysis Framework

Lecture 9 Importance of Financial Reporting Standards

Lecture 10 Standard-setting Bodies and Regulatory Authorities

Lecture 11 The Conceptual Framework for Financial Reporting (Part 1)

Lecture 12 The Conceptual Framework for Financial Reporting (Part 2)

Lecture 13 Basics of Accounting

Lecture 14 General Requirements for the Financial Statements

Lecture 15 Alternative Reporting Systems

Lecture 16 Practice Questions

Section 3: Understanding the Income Statement

Lecture 17 Components of the Income Statement

Lecture 18 The Income Statement - Alternative Presentation Formats

Lecture 19 Revenue Recognition - Principles

Lecture 20 Revenue Recognition - Applications

Lecture 21 Expense Recognition - Principles

Lecture 22 Expense Recognition - Applications

Lecture 23 Financial Reporting for Non-recurring Items

Lecture 24 Operating vs. Non-operating Components of the Income Statement

Lecture 25 Earnings per Share (EPS)

Lecture 26 Dilutive vs. Antidilutive Securities

Lecture 27 Common-size Income Statements

Lecture 28 The Income Statement - Ratio Analysis

Lecture 29 Other Comprehensive Income

Lecture 30 Practice Questions

Section 4: Understanding the Balance Sheet

Lecture 31 Components of the Balance Sheet

Lecture 32 The Balance Sheet - Alternative Presentation Formats

Lecture 33 Major Uses and Limitations of the Balance Sheet

Lecture 34 Current Assets

Lecture 35 Non-current Assets

Lecture 36 Current Liabilities

Lecture 37 Non-current Liabilities

Lecture 38 Measurement Bases

Lecture 39 Shareholders' Equity

Lecture 40 Common-size Balance Sheets

Lecture 41 Liquidity Ratios

Lecture 42 Solvency Ratios

Lecture 43 Practice Questions

Section 5: Understanding the Cash Flow Statement

Lecture 44 Introduction to Cash Flow Statements

Lecture 45 Major Sections in a Cash Flow Statement

Lecture 46 How to Treat Non-Cash Items?

Lecture 47 IFRS vs. US GAAP - Cash Flow Considerations

Lecture 48 Direct vs. Indirect Method

Lecture 49 How is the Cash Flow Statement linked to Other Financial Statements?

Lecture 50 Constructing an Indirect Cash Flow Statement

Lecture 51 Constructing a Direct Cash Flow Statement

Lecture 52 Converting from the Indirect to Direct Method

Lecture 53 Cash Flows from Investing & Financing Activities

Lecture 54 Common-size Cash Flow Statements

Lecture 55 Free Cash Flow Indicators

Lecture 56 Cash Flow Ratios

Lecture 57 Practice Materials

Lecture 58 Practice Questions

Section 6: Ratio Analysis

Lecture 59 Tools and Techniques Used in Financial Analysis

Lecture 60 Activity Ratios

Lecture 61 Activity Ratios - Example

Lecture 62 Liquidity Ratios

Lecture 63 Solvency Ratios

Lecture 64 Profitability Ratios

Lecture 65 Valuation Ratios

Lecture 66 Ratio Analysis - Summary

Lecture 67 DuPont Analysis

Lecture 68 DuPont Analysis - Practical Example

Lecture 69 Ratios Used in Equity Analysis

Lecture 70 Ratios Used in Credit Analysis

Lecture 71 Segment Reporting

Lecture 72 Ratio Analysis and Forecasting

Lecture 73 Practice Questions

Section 7: Financial Statement Analysis - Other Applications

Lecture 74 Evaluating a Company's Past Performance

Lecture 75 Forecasting a Company's Future Performance

Lecture 76 Assessing the Credit Quality of Potential Debt Investments

Lecture 77 Screening for Potential Equity Investments

Lecture 78 Common Adjustments to the Financial Statements

Section 8: Financial Reporting for Inventory

Lecture 79 Inventory Costs

Lecture 80 Inventory Valuation Methods (Part 1)

Lecture 81 Inventory Valuation Methods (Part 2)

Lecture 82 Inventory Valuation Methods (Part 3)

Lecture 83 Inventory Valuation Methods (Part 4)

Lecture 84 Convertig Financial Statements from LIFO to FIFO

Lecture 85 Convertig Financial Statements from LIFO to FIFO (Exercise)

Lecture 86 Inventory Measurement

Lecture 87 Inventory Disclosures

Lecture 88 The Importance of Inventory Analysis

Lecture 89 Practice Questions

Section 9: Financial Reporting for Non-current Liabilities

Lecture 90 Introduction to Debt Terminology

Lecture 91 Debt Securities - Measurement and Recognition

Lecture 92 Debt Securities - Measurement and Recognition (Example)

Lecture 93 Interest Rate Calculations

Lecture 94 Types of Debt Covenants

Lecture 95 Presentation and Disclosure of Non-current Liabilities

Lecture 96 Motivations for Leasing Assets

Lecture 97 Lease Accounting from the Lessee's Perspective

Lecture 98 Lease Accounting from the Lessor's Perspective

Lecture 99 Types of Pension Plans

Lecture 100 Practice Questions

Section 10: The Importance of Financial Reporting Quality

Lecture 101 What is Financial Reporting Quality?

Lecture 102 Spectrum for Assessing Financial Reporting Quality

Lecture 103 Conservative Accounting vs. Aggressive Accounting

Lecture 104 Motivations for Low-Quality Financial Reporting

Lecture 105 The Fraud Triangle

Lecture 106 Mechanisms that Discipline Financial Reporting Quality

Lecture 107 Presentation Choices

Lecture 108 Manipulations of Financial Results

Lecture 109 Accounting Warnings Signs

Lecture 110 Congratulations! Course Completed!

Finance Analysts,Finance Students,Anyone interested in a career in finance,Investors,Investment Bankers,Private Equity Analysts,Anyone who wants to learn Financial Reporting & Analysis