Financial ratio analysis is an effective tool for CPAs to evaluate and analyze financial trends to highlight operational efficiencies and inefficiencies. For the CPA in the attest function, financial ratios can be an important tool for audit planning to identify operational issues as well as any potential going concern questions that should be addressed. Through the use of example financial statements, this course demonstrates the practical uses of:
- Common sized financial statements
- Commonly used financial ratios
- The DuPont Model for evaluating return on equity
- Ratios to forecast working capital
- Cash flow ratios to identify potential liquidity issues
Course Publication Date: June 15, 2016
This course is available with NO ADDITIONAL FEE
if you have an active self study membership
or can be purchased for $40.00
|Author:||Mill Creek Publishing
|Delivery Method:||Self Study
|Level of Knowledge:||Overview
|Recommended Field of Study:||Accounting
- Recognize the elements of common sized financial statements.
- Compute commonly used financial ratios.
- Differentiate the implications of each ratio to the company being measured.
- Recognize the elements of the DuPont model.
- Recognize the use of ratios to forecast certain working capital account balances.
- Compute commonly used cash flow ratios.