This course focuses on an analysis of the corporate annual report. It will help you interpret and understand its components, including the financial statements, footnotes, review of operations, auditor's report, supplementary schedules, management discussion and analysis (MD&A), and Management's Report On Internal Control Over Financial Reporting. It touches upon how the Sarbanes-Oxley 404 reporting differs from traditional reporting. The course also teaches you how to perform financial ratio and cash flow analyses.

Objectives:
Chapter 1: Annual Report: The Financial Statements
Chapter 2: Annual Report: Other Sections of the Report
Chapter 3: Analysis of Financial Statements for Liquidity, Asset Utilization and Solvency
Chapter 4: Analysis of Financial Statements for Profitability and Market Value

Topics Covered:

• Annual Report: Its Components
• Classified Financial Statements
• Other Sections of the Annual Report
• The Sarbanes-Oxley Act
• What and Why of Financial Statement Analysis
• How the Financial Statements Tie Together
• Statement of Cash Flow
• How to Read a Quarterly Report
• Analysis of Financial Statements
• Working the Financial Ratios

Delivery Method: Online Self Study

Level: Intermediate

Subject Area: Accounting

Passing Score: 70%

NASBA: Yes QAS Self Study

Advanced Preparation: Basic Accounting, Basic Finance, Basic Statistics

Author: Delta Publishing

ABOUT THE SUBJECT MATTER EXPERT:
Dr. Jae K. Shim is Professor of Business at California State University, Long Beach,
California. Dr. Shim received his MBA and Ph.D. degrees from the University of California at Berkeley (Haas School of Business.) He has co-authored over 50 professional business books and has been a consultant to commercial and nonprofit organizations for over 30 years.