The Corporate Financial Statements course provides an overview the principal financial statements – the balance sheet, income statement and cash flow statement – application of the relevant generally accepted accounting practices (GAAPs) – local GAAP or IFRS – as well as the techniques, methods and ratios used in analyzing the financial statements of companies.
Pecunica™ online courseware blends ideally with face-to-face instruction, to further and consolidate the learners' understanding of the subject matter.
Contact us for more information on branded courseware for use on its own or blended with face-to-face instruction.
Course Curriculum
Accounting Principles | |||
--Accounting Principles | |||
What are accounting principles? | Demo | 00:00:00 | |
What is US GAAP? | Demo | 00:00:00 | |
What is IFRS? | 00:00:00 | ||
--Accrual Accounting | |||
What are cash and accrual accounting? | 00:00:00 | ||
What are the key principals of accrual accounting? | 00:00:00 | ||
--Accounting Assumptions | |||
What are the basic accounting assumptions? | 00:00:00 | ||
What are the general accounting constraints? | 00:00:00 | ||
What is conservatism? | 00:00:00 | ||
--Revenue Recognition | |||
What is revenue recognition? | 00:00:00 | ||
--Frozen and Flexible GAAP | |||
What are frozen and flexible GAAP? | 00:00:00 | ||
Consolidated Reporting | |||
--Consolidation | |||
What is consolidation? | 00:00:00 | ||
What are majority and noncontrolling interests? | 00:00:00 | ||
What are material subsidiaries? | 00:00:00 | ||
--Company Groups | |||
What is a company group? | 00:00:00 | ||
What is group control? | 00:00:00 | ||
--Intercompany Transactions | |||
What are intercompany transactions? | 00:00:00 | ||
--Functional Currencies | |||
What is a functional currency? | 00:00:00 | ||
Income Statements | |||
--Income Statements | |||
What is the income statement? | 00:00:00 | ||
What is income? | 00:00:00 | ||
What is cost? | 00:00:00 | ||
--Net Sales and Gross Profit | |||
What are net sales? | 00:00:00 | ||
What is gross profit? | 00:00:00 | ||
--Operating Profit | |||
What is operating profit? | 00:00:00 | ||
--Net Income | |||
What is net income? | 00:00:00 | ||
Cash Flow Statements | |||
--Statement of Cash Flows | |||
What is the statement of cash flows? | 00:00:00 | ||
What are the cash flow statement categories? | 00:00:00 | ||
--Operating Cash Flow | |||
What is operating cash flow? | 00:00:00 | ||
What are cash flows from operating activities? | 00:00:00 | ||
How are operating cash flows determined? | 00:00:00 | ||
--Investing Cash Flow | |||
What is investing cash flow? | 00:00:00 | ||
--Financing Cash Flow | |||
What is financing cash flow? | 00:00:00 | ||
Balance Sheet Assets | |||
--Assets | |||
What is an asset? | 00:00:00 | ||
What are current and noncurrent assets? | 00:00:00 | ||
--Current Assets | |||
What is cash and cash equivalents? | 00:00:00 | ||
What are receivables? | 00:00:00 | ||
What are trade and nontrade receivables? | 00:00:00 | ||
What is inventories? | 00:00:00 | ||
How is inventory valued? | 00:00:00 | ||
What are accrued income and prepaid expenses? | 00:00:00 | ||
--Noncurrent Assets | |||
What is property, plant and equipment (PP&E)? | 00:00:00 | ||
What are other noncurrent assets? | 00:00:00 | ||
Valuing Noncurrent Assets | |||
--Asset Amortization | |||
What is asset amortization? | 00:00:00 | ||
How are assets depreciated? | 00:00:00 | ||
--Asset Depreciation Methods | |||
What are the methods of asset depreciation? | 00:00:00 | ||
What are the asset valuation models? | 00:00:00 | ||
--Accounting for Investments | |||
How are investments accounted for? | 00:00:00 | ||
What is one-line consolidation? | 00:00:00 | ||
--Accounting for Intangible Assets | |||
How are intangible assets accounted for? | 00:00:00 | ||
What is goodwill? | 00:00:00 | ||
Balance Sheet Liabilities | |||
--Liabilities in the Balance Sheet | |||
What are liabilities? | 00:00:00 | ||
--Current Liabilities | |||
What are payables? | 00:00:00 | ||
What are accrued liabilities and deferred income? | 00:00:00 | ||
What are deferred tax liabilities? | 00:00:00 | ||
--Long-Term Debt | |||
What is long-term debt? | 00:00:00 | ||
What are post-employment benefits? | 00:00:00 | ||
What are provisions and contingent liabilities? | 00:00:00 | ||
Shareholders’ Equity | |||
--Shareholders’ Equity | |||
What is shareholders’ equity? | 00:00:00 | ||
What are the basic classes of equity? | 00:00:00 | ||
--Capital Stock | |||
What is capital stock? | 00:00:00 | ||
What is paid-in capital? | 00:00:00 | ||
--Accounting for Corporate Actions | |||
How are corporate actions accounted for? | 00:00:00 | ||
--Statement of Changes in Equity | |||
What is the statement of changes in equity? | 00:00:00 | ||
Financial Statement Analysis | |||
--Financial Statement Analysis | |||
What is financial statement analysis? | 00:00:00 | ||
What are the comparative analysis techniques? | 00:00:00 | ||
--Balance Sheet Analysis | |||
What is balance sheet analysis? | 00:00:00 | ||
What is liquidity and solvency analysis? | 00:00:00 | ||
--Income Statement Analysis | |||
What is income statement analysis? | 00:00:00 | ||
--Cash Flow Statement Analysis | |||
What is cash flow statement analysis? | 00:00:00 | ||
--Financial Ratio Analysis | |||
What is financial ratio analysis? | 00:00:00 | ||
Statement Analysis Ratios | |||
--Liquidity Ratios | |||
How is liquidity measured? | 00:00:00 | ||
--Cash Flow Ratios | |||
How is cash flow measured? | 00:00:00 | ||
--Leverage Ratios | |||
How is leverage measured? | 00:00:00 | ||
--Coverage Ratios | |||
How is debt-service ability measured? | 00:00:00 | ||
--Activity Ratios | |||
How is business efficiency measured? | 00:00:00 | ||
What is the cash conversion cycle? | 00:00:00 | ||
--Profitability Ratios | |||
How is profitability measured? | 00:00:00 | ||
How is return on investment (ROI) measured? | 00:00:00 |