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Analyzing Financial Statements

Thursday, June 13
 8:45am - 4:30pm

(Check-In 8:40am)

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8.00 Credits

Member Price $274.00

Price will increase by $35 after 6/6

Non-Member Price $399.00

Price will increase by $35 after 6/6

Overview

Many professionals including corporate management, loan officers, investors, suppliers, customers, and auditors use financial statement analysis to perform their daily responsibilities. This program focuses on financial statements and the analysis of financial statements utilizing cases to assess profitability, liquidity, and resource management efficiency. We conclude with discussions of non-GAAP performance measurements, forecasting, and valuation.

Objectives

Participants will be able to:

  • Describe the different financial statement users and their information needs
  • For each financial statement-Balance Sheet, Income Statement and the Cash Flow
  • Statement-identify characteristics, alternatives, and risks associated with specific financial statement elements
  • Perform financial statement analysis using best practices and various cases
  • Compare financial statements of different companies in the same industry and the same company across different time periods
  • Explain the importance of using a company's MD&A for effective financial statement analysis
  • Designed For

    Industry CPAs, accountants, and financial professionals who analyze financial results, evaluate operational performance, perform acquisition due diligence, and develop business strategies. The program is also beneficial for auditors when performing risk assessments as a part of audit planning.

    Prerequisites

    None

    Preparation

    None

    Notice

    By registering for this program and, accordingly, receiving the eMaterials, you’re acknowledging that you understand both the copyright restrictions on your eMaterials and the CTCPA cancellation policy. https://www.ctcpas.org/events/cpe-policies

    Leader(s):

    Leader Bios

    Mark Mishler, Kaplan Financial Education

    Mark D. Mishler, CPA, CMA, licensed as a CPA in Ohio, has been a discussion leader and has authored courses for Loscalzo Associates Ltd. for five years. Mark’s career includes Chief Financial Officer, Treasurer, Controller, and Chief Information Officer global finance and operating leadership roles with publicly traded and private equity companies. His prior companies include Breeze-Eastern, General Electric Healthcare, Fedders Corporation, Amcast Industrial Corporation, Witco, Siemens Medical, Dun & Bradstreet, and WR Grace. With more than 29 years’ experience in finance and accounting for global public manufacturing companies, Mark secured debt and equity financing, as well as wrote SEC Form S-1 and presented at equity road shows for an IPO. He led global information technology enterprise systems implementations, and developed and implemented activity-based costing. Mark managed finance and accounting for 40 plants in 30 countries simultaneously and led due diligence, negotiation, structuring, valuation, and integration for more than 25 acquisitions. Mark leads financial planning and analysis, budgeting and forecasting; ensures financial integrity and regulatory compliance; partners with operating managers to improve profitability and cash flow, and optimize the balance sheet; raises debt and equity capital, and develops stakeholders’ confidence in the company. Functionally, he managed finance, financial and managerial accounting, auditing, treasury, tax, SEC reporting, SOX compliance, information technology, human resources, strategic planning, and risk management, including currency, raw materials, and interest rate swap hedging. Mark has been an Adjunct Professor of Accounting and Finance for 19 years, teaching at graduate and undergraduate levels. He has taught CMA review, graded the CMA exam, and written questions for the CPA exam. He has been published in finance and accounting journals, most recently in the December 2015 Journal of Accountancy writing about foreign currency’s impact on operating performance. In 2014, he was a finalist for New Jersey Biz magazine’s CFO of the Year. Mark earned two bachelors’ degrees in chemistry and biology from Indiana University and his MBA from the University of Michigan. He is a Certified Public Accountant and a Certified Management Accountant.

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    Non-Member Price $399.00

    Member Price $274.00