This course is a one-stop problem-solver for today’s busy accounting executive. The course is a working guide to help you quickly pinpoint in the complex world of business.
- What to look for
- What to do
- What to watch out for
- How to do it
You’ll find ratios, formulas, guidelines, and rules of thumb to help analyze and evaluate any business-related problem. Throughout, you’ll find this course practical, quick, and useful.
Part I (Chapters 1, 2, and 3) takes you through accounting principles and guidelines for evaluating a company’s financial health. You will have an increased understanding of various financial statements and their implications. You will be exposed to Corporate Responsibility Law, better known as the Sarbanes-Oxley (SOX) Act. You’ll learn techniques for analyzing another company’s financial position should you wish to invest, extend credit, or compare. You will also learn how to improve a company’s corporate profitability and shareholder value. We present internal managerial accounting applications to help you evaluate your own company’s performance, profitability, marketing effectiveness, and budgeting process. You’ll learn how to highlight problem areas with variance analysis. You will also learn some valuable new tools, such as activity-based costing (ABC), life-cycle costing, target costing, and corporate balanced scorecard.
Part II (Chapters 4, 5, and 6) takes a look at financial analysis tools, financial metrics, and financing methods for decision making. Through break-even and sensitivity analysis, you’ll be able to move your company toward greater profits. For investment purposes, this part presents guidelines for evaluating proposals, whether they are short or long term, for profit potential and risk-return comparisons. You’ll learn management and financing techniques to ensure the best possible strategies for maximizing and acquiring cash. Also covered are basic financial tenets of portfolio theory, the Capital Asset Pricing Model (CAPM), and the Arbitrage Pricing Model (APM).
Part III (Chapters 7 and 8) takes you through the seemingly complex world of quantitative analysis. You’ll use statistics for forecasting and validity testing. Decision theories include linear programming, learning curve theory, and queuing models; these are presented concisely and comprehensively to help you use such sophisticated techniques with relative ease. And, you’ll learn how computer applications facilitate the many complex procedures.
This course has been designed in question-and-answer format in order to address the pertinent issues that come up during the course of business. The questions are typical of those asked by persons like you. The answers are clear, concise, and to the point. In short, this is a veritable cookbook of guidelines, illustrations, and “how-to’s” for you, the modern decision maker.
Course Publication Date: February 08, 2017
This course is available with NO ADDITIONAL FEE
if you have an active self study membership
or can be purchased for $135.00
|Delivery Method:||Self Study
|Level of Knowledge:||Basic
|Recommended Field of Study:||Accounting
- 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.
- Recognize the value of cost-volume-profit (CVP) analysis in solving business problems.
- Identify some applications of present (discounting) and future (compound) values.
- Recognize the uses of capital budgeting.
- Identify the different techniques used to evaluate business investments and their applications.
- Recognize key elements that affect working capital and cash management.
- Identify how different investment criteria affect managing assets, such as expected returns, risk and diversification.
- Apply the Capital Asset Pricing Model (capm) and the Arbitrage Pricing Model (APM).
- Recognize the different statistics used in business decisions.
- Identify techniques applied to forecasting, such moving averages and exponential smoothing.
- Recognize what statistics to use in regression analysis and how to apply them for trend projections.
- Recognize the tools for decision making under conflict.
- Recognize the applications of linear programming to make optimize complex decisions.
- Identify techniques for inventory planning and control.