Accounting Tools and Metrics for the CFO ON DEMAND

Overview

You might find yourself overwhelmed by the complexities of financial reporting, budgeting, and investment analysis. This course serves as a bridge to that gap, leading you to a world where these complexities become clear and manageable. After completing this course, you will transition from uncertainty to confidence in various areas of finance and accounting. You’ll go from questioning how to analyze financial statements to mastering the art of financial analysis, and from uncertainty about capital budgeting to confidently evaluating business investments. This course covers a wide range of topics, from the basics of financial reporting to advanced concepts like the Balanced Scorecard and XBRL, ensuring a comprehensive understanding of the most crucial aspects of modern accounting and finance. It’s tailored to provide you with the knowledge and skills necessary to navigate the ever-evolving landscape of business finance and accounting.

Highlights

Financial statements, the Sarbanes Oxley act, and corporate governance. How to evaluate and improve a company’s financial performance. Internal accounting applications for your company. Cost-volume-profit analysis, operating leverage, and discounting analysis. Capital budgeting. Assets management, financing techniques, and portfolio theory. Long-term debt and equity financing. Decision-making with forecasting. The evolving world of accounting.

Prerequisites

None.

Designed For

CPAs, CFOs, auditors, consultants, and financial and managerial professionals.

Objectives

Identify the objectives of financial reporting and the key elements contained within different financial statements. Recognize the purpose and content of the statement of cash flows. Identify key sections contained with the annual report. Recognize issues addressed by the Sarbanes-Oxley (SOX) act and the groups impacted by it. Recognize key financial ratios and how they can be used. Calculate the value for different financial ratios. Recognize the relationship between margin and turnover. Compute ROI and recognize how it can be improved. Recognize the concept of Economic Value Added (EVA) and how it can be improved. Recognize major elements of budgeting process. Identify different attributes and uses of variance analysis as a control device. Recognize how accounting systems work, including activity-based costing, life cycle costing and target costing. Recognize the value of a balanced scorecard approach.