This course provides a thorough coverage of how to read and analyze financial statements as well as how the analysis can be organized to identify and assess a company's value drivers.
Learning Objectives
- Explain what a balance sheet measures and describe the basic balance sheet classifications and accounts.
- Explain what an income statement measures and describe the basic classifications and line items.
- Explain what the statement of cash flows measures and describe the three basic classifications, especially the operating section prepared under the indirect method.
- Explain what the statement of shareholders’ equity measures and describe the different accounts that appear on it.
- Assess Home Depot’s financial condition and performance by reviewing its financial statements.
- Describe the key areas of business performance and link them to the measures provided by the financial statements.
- List, compute and interpret a set of ratios that link to the key areas of business performance.
- Analyze the differences in the financial condition and performance of Home Depot vs. Lowe’s using a set of financial ratios.
- Explain how return on equity can be broken down into its determinants and link this model to the measures of the key areas of business performance.
- Analyze the differences in the financial condition and performance of Home Depot vs. Lowe’s using the ROE model.
Last updated/reviewed: March 25, 2024
Included In Certifications
This course is included in the following Certification Programs:
9 CoursesFinancial Reporting and Analysis Certification
- Introduction to the Financial Statements and the Environment of Financial Reporting
- Preparing Financial Statements
- Reading and Analyzing Financial Statements
- Time Value of Money - Concepts and Applications
- Classification, Debt and Equity
- Current Assets and Asset Valuation
- Equity Investments and Long-lived Assets
- Earnings Management
- Ethics and Earnings Management
11 Reviews (98 ratings)
Prerequisites
Course Complexity: Foundational
No advanced preparation or prerequisites are required for this course.
Education Provider Information
Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA
95113
Contact:
For more information regarding this course, including complaint and
cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to
.
Course Questions and Answers1 Question
Jamie PrattSME
Hello, I do appreciate the depth of coverage of this course given that it's a 3 CPE credit course. However, the 900+ slides provided are way too long and honestly lack any substance or methodical relevance that can be used later as a guidance. Would like to see better slides/handouts and more final questions when your handouts can be used as a reference point as many other presenters do. The course should be easy to follow. Idea of being part of the CPE program is not to go through 900+ list of slides (unless its a 20+ course credit), but rather to refresh knowledge or learn something new while maintaining the CPE license. Thank you