CONTINUING EDUCATION FOR TAX & FINANCIAL PROFESSIONALS

Financial Analysis: A Business Decision Guide

Icon_Self-Study
Self-Study
Icon_Level
Credits
CPE Credits
19 Credits: Finance

Course Description

Most companies are constantly confronted with situations that require a detailed review of available options and a decision to proceed in a certain direction. These decisions can be supported by different types of analysis tools. Financial Analysis: A Business Decision Guide describes how to extract meaningful information from the financial statements of a business. The course delves into a number of analyses that can be used to improve business decisions such as price optimization, constraint management, and credit granting. In addition, the course material addresses financial leverage, capital structure, and foreign exchange risk, and contains coverage of financial forecasting, discounted cash flow analysis, and the valuation of acquisitions as well.

Learning Objectives

Upon successful completion of this course, participants will be able to:

Chapter 1

Recognize key financial analysis concepts, noting the purpose of this type of analysis, and the role of the financial analyst well as the role of judgement in analyzing decisions
Identify different types of financial analysis and cite situations in which the various types could be used
Note issues to consider when making recommendations as the result of financial analysis

Chapter 2

Identify the financial statements, their contents, and how they are formatted
Recognize the disclosures that accompany financial statements

Chapter 3

Cite the key accounting concepts that can alter the information presented in the financial statements

Chapter 4

Identify the methods used to interpret the information in the financial statements, citing applicable limitations

Chapter 5

Identify the components of the cost-volume-profit relationship, and how they are used
Determine the amount of units that must be sold to make a profit and a sales mix variance given a set of circumstances

Chapter 6

Identify different types of pricing strategies, noting the characteristics of each type as well as applicable advantages of the various pricing methodologies

Chapter 7

Identify types of cost objects
Cite the factors that can impact the cost of a cost object, and whether that cost is recognized

Chapter 8

Identify key constraint concepts and how they can be used to improve profitability

Chapter 9

Note the concepts under which credit is granted to customers, as well as indicators of possible future delinquency

Chapter 10

Identify the financing choices available to a company, noting their defining characteristics, costs, terms, and impact

Chapter 11

Cite the impact and risks of financial leverage on a business as well as when leverage is more likely to be used

Chapter 12

Recognize the components of an optimal capital structure, identifying applicable examples
Identify issues that impact the capital structure of a business and situations in which the capital structure should be reviewed

Chapter 13

Identify the measurements used by investors to track the adequacy of dividend payments, noting the applicable tax treatment, what the measurements indicate, and what events are likely to occur given a set of circumstances
Note the defining characteristics of stock buyback options and stock dividends

Chapter 14

Identify the risks and mitigating actions associated with foreign exchange

Chapter 15

Cite the risks and mitigating actions associated with interest rates as well as the terms of the various interest rate hedging instruments

Chapter 16

Identify the elements of a system of forecasting and budgeting

Chapter 17

Identify factors and issues that impact the rate of growth of a company

Chapter 18

Identify the elements the comprise cost of capital, noting how this measurement is calculated and ways in which the result can be skewed
Determine the cost of capital given a set of circumstances

Chapter 19

Cite the basis for the use of discounted cash flows, the types of annuities, and how discounted cash flows can be used

Chapter 20

Recognize the methods available for analyzing requests for capital projects, identifying their defining characteristics, usage, and any issues to be reviewed when examining such requests

Chapter 21

Note the concepts involved in the lease or buy decision process, the information to include in or exclude from the decision, and the circumstances under which different lease types would be used

Chapter 22

Identify the techniques used to place a value on a target company, noting the assumptions that underlie each method and situations to which each method might be applied

Chapter 23

Specify methods used to measure and improve shareholder value, citing potential downsides to each method and situations in which certain methods are more applicable

Course Specifics

Course ID
3178010
Revision Date
April 28, 2020
Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220

Course Instructor

Steven M. Bragg Headshot
Steven M. Bragg, CPA

Steven M. Bragg, CPA, is a full-time book and course author who has written more than 70 business books. He provides Western CPE with self-study courses in the areas of accounting and finance, with an emphasis on the practical application of accounting standards and management techniques. A sampling of his courses include the The New Controller Guidebook, The GAAP Guidebook, Accountants’ Guidebook, and Closing the Books: An Accountant’s Guide. He also manages the Accounting Best Practices podcast. Steven has been the CFO or controller of both public and private companies and has been a consulting manager with Ernst & Young and an auditor with …

Steven M. Bragg, CPA Read More »

Financial Analysis: A Business Decision Guide

Expert Instructors
Format
CPE CREDITS
19 Credits: Finance

$399.00$439.00

Clear
Icon_Self-Study
Self-Study
Icon_Level
Credits
CPE Credits
19 Credits: Finance

Course Description

Most companies are constantly confronted with situations that require a detailed review of available options and a decision to proceed in a certain direction. These decisions can be supported by different types of analysis tools. Financial Analysis: A Business Decision Guide describes how to extract meaningful information from the financial statements of a business. The course delves into a number of analyses that can be used to improve business decisions such as price optimization, constraint management, and credit granting. In addition, the course material addresses financial leverage, capital structure, and foreign exchange risk, and contains coverage of financial forecasting, discounted cash flow analysis, and the valuation of acquisitions as well.

Learning Objectives

Upon successful completion of this course, participants will be able to:

Chapter 1

Recognize key financial analysis concepts, noting the purpose of this type of analysis, and the role of the financial analyst well as the role of judgement in analyzing decisions
Identify different types of financial analysis and cite situations in which the various types could be used
Note issues to consider when making recommendations as the result of financial analysis

Chapter 2

Identify the financial statements, their contents, and how they are formatted
Recognize the disclosures that accompany financial statements

Chapter 3

Cite the key accounting concepts that can alter the information presented in the financial statements

Chapter 4

Identify the methods used to interpret the information in the financial statements, citing applicable limitations

Chapter 5

Identify the components of the cost-volume-profit relationship, and how they are used
Determine the amount of units that must be sold to make a profit and a sales mix variance given a set of circumstances

Chapter 6

Identify different types of pricing strategies, noting the characteristics of each type as well as applicable advantages of the various pricing methodologies

Chapter 7

Identify types of cost objects
Cite the factors that can impact the cost of a cost object, and whether that cost is recognized

Chapter 8

Identify key constraint concepts and how they can be used to improve profitability

Chapter 9

Note the concepts under which credit is granted to customers, as well as indicators of possible future delinquency

Chapter 10

Identify the financing choices available to a company, noting their defining characteristics, costs, terms, and impact

Chapter 11

Cite the impact and risks of financial leverage on a business as well as when leverage is more likely to be used

Chapter 12

Recognize the components of an optimal capital structure, identifying applicable examples
Identify issues that impact the capital structure of a business and situations in which the capital structure should be reviewed

Chapter 13

Identify the measurements used by investors to track the adequacy of dividend payments, noting the applicable tax treatment, what the measurements indicate, and what events are likely to occur given a set of circumstances
Note the defining characteristics of stock buyback options and stock dividends

Chapter 14

Identify the risks and mitigating actions associated with foreign exchange

Chapter 15

Cite the risks and mitigating actions associated with interest rates as well as the terms of the various interest rate hedging instruments

Chapter 16

Identify the elements of a system of forecasting and budgeting

Chapter 17

Identify factors and issues that impact the rate of growth of a company

Chapter 18

Identify the elements the comprise cost of capital, noting how this measurement is calculated and ways in which the result can be skewed
Determine the cost of capital given a set of circumstances

Chapter 19

Cite the basis for the use of discounted cash flows, the types of annuities, and how discounted cash flows can be used

Chapter 20

Recognize the methods available for analyzing requests for capital projects, identifying their defining characteristics, usage, and any issues to be reviewed when examining such requests

Chapter 21

Note the concepts involved in the lease or buy decision process, the information to include in or exclude from the decision, and the circumstances under which different lease types would be used

Chapter 22

Identify the techniques used to place a value on a target company, noting the assumptions that underlie each method and situations to which each method might be applied

Chapter 23

Specify methods used to measure and improve shareholder value, citing potential downsides to each method and situations in which certain methods are more applicable

Course Specifics

Course ID
3178010
Revision Date
April 28, 2020
Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220

Course Instructor

Steven M. Bragg Headshot
Steven M. Bragg, CPA

Steven M. Bragg, CPA, is a full-time book and course author who has written more than 70 business books. He provides Western CPE with self-study courses in the areas of accounting and finance, with an emphasis on the practical application of accounting standards and management techniques. A sampling of his courses include the The New Controller Guidebook, The GAAP Guidebook, Accountants’ Guidebook, and Closing the Books: An Accountant’s Guide. He also manages the Accounting Best Practices podcast. Steven has been the CFO or controller of both public and private companies and has been a consulting manager with Ernst & Young and an auditor with …

Steven M. Bragg, CPA Read More »

Financial Analysis: A Business Decision Guide

Expert Instructors
Format
CPE CREDITS
19 Credits: Finance

$399.00$439.00

Clear