Show navigation

Available in:

OnDemand Webinar

Understand and Interpret Financial Statements

If you are responsible for analyzing your company's financial statements or just need a better understanding of what they mean, this information is for you.

This topic will help anyone who would like to analyze financial statements and learn the ratios and what they mean and how to interpret them. It will help anyone who has financial information and teach them how to maneuver around the financial statements and find what they are looking for. Go over how to analyze the balance sheet, income statement, and statement of cash flows. Discuss ratios and not only how to calculate them but more importantly what they mean and how that will ultimately help you make that sound decision based on what you have in front of you.

Learning Objectives

  • You will be able to recognize the debt ratio.
  • You will be able to identify non-cash items that affect earnings.
  • You will be able to recognize the affect of prepaid expenses on cash.
  • You will be able to recognize the quick ration(Acid Test)

Runtime: 58 minutes
Purchase Options

More Program Information

Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

What Are the Basic Types of Financial Statements?

Understanding the Balance Sheet and Income Statement Through Ratios

  • Taking the Information From the Ratios and Understanding How They Affect Your Goal
  • How to Combine the Balance Sheet and Income Statement Information to Make Sound Decisions

Understanding the Statement of Cash Flows and the Importance of Generating Cash

Going Through the Statement of Cash Flows Using the Indirect Method

Completing My Analysis and Now Deciding How to Interrupt My Findings

Reviewing Other Ratios That Deal With Profitability, Leveraging Debt, Calculating DSP and DPO

How to Combine the Balance Sheet and Income Statement Information to Make Sound Decisions

Purchase Options

More Program Information

Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Webinar

This course was last revised on May 18, 2018.

Call 1-866-352-9540 for further credit information.

  • CPE/NASBA - QAS Self Study 1.5 including Management Services 1.5
     
  • Lorman Education Services is registered with the National Association of State Boards of Accountancy (NASBA) as a QAS Self Study sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its web site: https://www.nasbaregistry.org/cpas/complaints. For more information regarding administrative policies such as complaint and refund, please contact our offices at 866-352-9539. CPE Credit: Maximum Credit Hours: 1.5 each session (based on a 50 minute credit hour). You must attend at least 50 minutes to obtain credit. Field of Study: Management Services for 1.5 hours. Prerequisite: . Level of Knowledge: Intermediate. Teaching Method: Seminar/Lecture. Advance Preparation: None. Delivery Method: QAS Self Study. Please refer to the information in this advertisement for outline, course content and objectives. Upon completion of this course, you will receive a certificate of attendance. Final approval of a course for CPE credit belongs with each state's regulatory board.
     
Purchase Options

More Program Information

Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Ronald A. Sereika

Ronald A. Sereika

Mspark

  • 2010 National instructor of the year award for The National Association of Credit Management
  • 2013 CCE award of excellence presented by the National Association of Credit Management
  • 2011 Credit Executive of the year Upstate New York by NACM Chicago
  • National Speaker at NACM Credit Congress, NACM Eastern Regional Conference, Upstate NY Annual meetings 2011 to 2015
  • Two time finalist at CooperVision for the CFO award given annually for the top performer in North America’s finance team
  • B.S. degree in accounting, Fredonia State University; attended Amos Tuck School of Business at Dartmouth University executive program for certification in Credit and Finance
  • Can be contacted at 585-264-3269 or rsereika@coopervision.com
Purchase Options

More Program Information

Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

All of your training, right here at Lorman.

Pay once and get a full year of unlimited training in any format, any time!

  • Live Webinars
  • OnDemand Webinars
  • MP3 Downloads
  • Course Manuals
  • Audio Recordings*
  • Executive Reports
  • White Papers and Articles
  • Sponsored Live Webinars

Additional benefits include:

  • State Specific Credit Tracker
  • Members Only Newsletter
  • All-Access Pass Course Concierge

* For audio recordings you only pay shipping

Questions? Call 877-296-2169 to speak with a real person.

Sign Up Today
With This Course

Access to all training products for one year
$699/year

Unlimited Lorman Training

With the All-Access Pass there is no guessing what you will need for your yearly training budget. $699 will cover all of your training needs for an entire year!

Easy Registrations

Once you purchase your All-Access Pass you will never be any further than one-click away from attending any Lorman training course.

Invest in Yourself

You haven't gotten to where you are professionally by luck alone; it's taken a lot of hard work and training. Invest in yourself with the All-Access Pass.

Product ID: 404214
Published 2018
Purchase Options

Available in Multiple Formats

Purchase this course and learn on your schedule!