Financial Reporting & Analysis: Complete Preparation

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

4.58 (1870 reviews)
Udemy
platform
English
language
Finance
category
instructor
12,287
students
11 hours
content
Apr 2022
last update
$94.99
regular price

What you will 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

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 Analysts

  • Finance Managers

  • Equity Analysts

  • Investors, or

  • Anyone keen to enhance their financial reporting and analysis skills


The 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 Instructor

Antoniya 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 Experience

The 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 Structured

This 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.


Content

Introduction

What Does the Course Cover?

Introduction to Financial Statement Analysis

Introduction to Financial Reporting and Analysis
Major Financial Statements
Supplementary Sources of Financial Information
Auditor's Reports
Financial Statement Analysis
The Financial Statement Analysis Framework
Importance of Financial Reporting Standards
Standard-setting Bodies and Regulatory Authorities
The Conceptual Framework for Financial Reporting (Part 1)
The Conceptual Framework for Financial Reporting (Part 2)
Basics of Accounting
General Requirements for the Financial Statements
Alternative Reporting Systems
Practice Questions

Understanding the Income Statement

Components of the Income Statement
The Income Statement - Alternative Presentation Formats
Revenue Recognition - Principles
Revenue Recognition - Applications
Expense Recognition - Principles
Expense Recognition - Applications
Financial Reporting for Non-recurring Items
Operating vs. Non-operating Components of the Income Statement
Earnings per Share (EPS)
Dilutive vs. Antidilutive Securities
Common-size Income Statements
The Income Statement - Ratio Analysis
Other Comprehensive Income
Practice Questions

Understanding the Balance Sheet

Components of the Balance Sheet
The Balance Sheet - Alternative Presentation Formats
Major Uses and Limitations of the Balance Sheet
Current Assets
Non-current Assets
Current Liabilities
Non-current Liabilities
Measurement Bases
Shareholders' Equity
Common-size Balance Sheets
Liquidity Ratios
Solvency Ratios
Practice Questions

Understanding the Cash Flow Statement

Introduction to Cash Flow Statements
Major Sections in a Cash Flow Statement
How to Treat Non-Cash Items?
IFRS vs. US GAAP - Cash Flow Considerations
Direct vs. Indirect Method
How is the Cash Flow Statement linked to Other Financial Statements?
Constructing an Indirect Cash Flow Statement
Constructing a Direct Cash Flow Statement
Converting from the Indirect to Direct Method
Cash Flows from Investing & Financing Activities
Common-size Cash Flow Statements
Free Cash Flow Indicators
Cash Flow Ratios
Practice Materials
Practice Questions

Ratio Analysis

Tools and Techniques Used in Financial Analysis
Activity Ratios
Activity Ratios - Example
Liquidity Ratios
Solvency Ratios
Profitability Ratios
Valuation Ratios
Ratio Analysis - Summary
DuPont Analysis
DuPont Analysis - Practical Example
Ratios Used in Equity Analysis
Ratios Used in Credit Analysis
Segment Reporting
Ratio Analysis and Forecasting
Practice Questions

Financial Statement Analysis - Other Applications

Evaluating a Company's Past Performance
Forecasting a Company's Future Performance
Asssessing the Credit Quality of Potential Debt Investments
Screening for Potential Equity Investments
Common Adjustments to the Financial Statements

Financial Reporting for Inventory

Inventory Costs
Inventory Valuation Methods (Part 1)
Inventory Valuation Methods (Part 2)
Inventory Valuation Methods (Part 3)
Inventory Valuation Methods (Part 4)
Convertig Financial Statements from LIFO to FIFO
Convertig Financial Statements from LIFO to FIFO (Exercise)
Inventory Measurement
Inventory Disclosures
The Importance of Inventory Analysis
Practice Questions

Financial Reporting for Non-current Liabilities

Introduction to Debt Terminology
Debt Securities - Measurement and Recognition
Debt Securities - Measurement and Recognition (Example)
Interest Rate Calculations
Types of Debt Covenants
Presentation and Disclosure of Non-current Liabilities
Motivations for Leasing Assets
Lease Accounting from the Lessee's Perspective
Lease Accounting from the Lessor's Perspective
Types of Pension Plans
Practice Questions

The Importance of Financial Reporting Quality

What is Financial Reporting Quality?
Spectrum for Assessing Financial Reporting Quality
Conservative Accounting vs. Aggresive Accounting
Motivations for Low-Quality Financial Reporting
The Fraud Triangle
Mechanisms that Discipline Financial Reporting Quality
Presentation Choices
Manipulations of Financial Results
Accounting Warnings Signs
Congratulations! Course Completed!

Screenshots

Financial Reporting & Analysis: Complete Preparation - Screenshot_01Financial Reporting & Analysis: Complete Preparation - Screenshot_02Financial Reporting & Analysis: Complete Preparation - Screenshot_03Financial Reporting & Analysis: Complete Preparation - Screenshot_04

Reviews

MYLEN
September 16, 2023
It guides me through the core principles and practical applications of reading & analyzing financial reports.
Alexandre
July 31, 2023
Financial terms and analysis has always been a burden to me, so far the course is approaching in such easy understanding that I'm positively surprised. Thanks
Varun
July 27, 2023
Great course with all necessary information of accounting concepts, financial analysis & report's with technique's.
Akshay
June 27, 2023
Being from an Engineering background understanding financial statements were becoming difficult. This course explains the concepts from the basics.
Blessings
May 8, 2023
The course clearly describe 4 key financial reports, Statement of financial position, Income statement, statement of changes in equity and statement of cashflows. It also talks about key elements of performance, profitability, liquidity, solvency and networth. The course also went on to talk about the elements of financial statements: assets, liabilities, equity and profit. The presenter demonstrated how any business transaction will affect various elements of the financial statements.
Tarun
May 7, 2023
Excellent course for financial analysis along with accounting concepts .. I really liked like the way concepts are explained . Just one request if you could add few more practical examples of Revenue Recongnition IFRS 15 concept for indepth understanding i.e Revenue reciepts over a time period, Coupons , Interest factor etc. This would be really really great. Thanks a ton Tarun Chandna
Muhammad
April 15, 2023
good experience but it could be great if we have not to write down all the stuff for future refernce.
Lethabo
February 22, 2023
i studied accounting a few years ago, this is such a good reminder of what i studies but also i feel as though i now understand it better
Arun
February 7, 2023
Could have used words like Balance Sheet instead of "Statement of xxx". It was very confusing to understand what the instructor meant.
Bassem
January 25, 2023
For me, It is refresher course to be in line with any major advancement in financial analysis techniques.
Stefan
November 27, 2022
Great course - loved the intuitive and easy to follow course. Very well structured and great examples help to make even more complex complex items understandable - without being too detailed. Also a very good refresher for those who already have some financial knowledge.
Hilla
October 2, 2022
I find basic definitions and terms are not explained and are used very early such s payables/ recivables
Ololo
September 25, 2022
Although i am a student of accounting and a professional, i was able to see the course as a refresher
Ambika
July 26, 2022
The course is very engaging due to its format and animation. Each topic is well explained. It has helped me to brush up on my knowledge of financial concepts.
U
July 9, 2022
It is really helpful for fresh to finance people to understand basics in simple language as well as for the experts to revise the lessons.

Charts

Price

Financial Reporting & Analysis: Complete Preparation - Price chart

Rating

Financial Reporting & Analysis: Complete Preparation - Ratings chart

Enrollment distribution

Financial Reporting & Analysis: Complete Preparation - Distribution chart

Related Topics

4231428
udemy ID
8/9/2021
course created date
10/2/2021
course indexed date
Bot
course submited by