This 2 credit hour course, taught by Garland Granger, CIA, CPA, CFE. covers how to keep up with the ever-changing landscape of accounting, specifically analytics and internal controls, using methods designed to keep finance skills sharp.

  • Discover how to gain an understanding of the dynamics of a business prior to performing financial analysis as a means of improving your skills in problem identification.
  • Recognize how fraud might impact the financial statements which could be identified during analysis in order to solve a fraud case.
  • Explore how to apply these concepts through two real-world cases to test your skills in analysis.
  • Discover how to calculate return on invested capital by using the ROIC tree concept.
  • Discover how to apply the ROIC tree in making day-to-day decisions to improve the return on invested capital
Learning Objectives
  • Discover how to gain an understanding of the dynamics of a business prior to performing financial analysis as a means of improving your skills in problem identification.
  • Recognize how fraud might impact the financial statements which could be identified during analysis in order to solve a fraud case.
  • Explore how to apply these concepts through two real-world cases to test your skills in analysis.
  • Discover how to calculate return on invested capital by using the ROIC tree concept.
  • Discover how to apply the ROIC tree in making day-to-day decisions to improve the return on invested capital
Last updated/reviewed: March 24, 2024
5 Reviews (26 ratings)

Reviews

5
Anonymous Author
Another great course from Garland, who is definitely one of the best instructors not only here but overall I met in my life. Great presentation with priceless real life examples.

5
Anonymous Author
Fraud is something that is more common than people thing and it's important to be on the look out. Very helpful course to address this issue.

5
Anonymous Author
Interesting course with great Cases to add understanding. Great presentation.

5
Anonymous Author
The course provided good information about ways to detect potential fraud.

5
Member's Profile
illumeo is the best way to fullfill CPEs. thanks again

Prerequisites
Course Complexity: Intermediate

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 .
Instructor for this course
Course Syllabus
INTRODUCTION AND OVERVIEW
  Introduction to Financial Statement Aerobics – Toning Your Fiscal Physique Part 3 ...10:12
  Lesson 2 - Backlog Manufacturing Company - Business Understanding and Impact Factors - Part 118:58
  Lesson 3 - Backlog Manufacturing Company - Business Understanding and Impact Factors - Part 218:28
  Lesson 4 - Fraud Detection through Analytical Procedures10:35
  Lesson 5 - Fraud Case For U.S. Surgical Corporation and Conclusion8:10
CONTINUOUS PLAY
  Introduction to Financial Statement Aerobics – Toning Your Fiscal Physique Part 31:06:23
SUPPORTING MATERIALS
  Study Guide Financial Statement Aerobics - Toning Your Fiscal Physique Part 3 PDF
  Financial Statement Aerobics - Toning Your Fiscal Physique Part 3 Glossary/IndexPDF
REVIEW AND TEST
  REVIEW QUESTIONS quiz
 FINAL EXAMexam