Pre-CFA course for Financial Statement Analysis
•Introduction to the balance sheet and the nature of equity.
•Basic accounting principles and the ‘accounting equation’
•Accruals concept; revenue and expense recognition
•Classification of assets and liabilities
•Valuation of inventories
•Long-term assets, depreciation and impairment
•Statement of cash flows
•Capital structure and calculations relating to shares
•Corporate income taxes including deferred tax
•Contents and structure of full corporate financial statements
•Disclosure, management discretion and earnings manipulation
•US and international accounting standards
•Financial statement ratio analysis.