Seeing Beyond the Numbers: Analysis for CFOs & Controllers

Overview

Financial statements are a window into what is going on in the day-to-day operations of the company. They help us see what the company’s strengths and weaknesses are. However, financial statements can often have different messages depending on the user. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Highlights

The major topics that will be covered in this class include:

Purpose of Financial Statement Analysis
Comparing Actuals vs. Expectations & Benchmarking
Case Studies 1 & 2
Ratio Analysis
Case Study 3
Analysis of Statement of Cash Flows
Case Studies 4 & 5
Other Uses of Ratios

Prerequisites

None

Designed For

Controllers or accountants who are involved in the financial reporting functions of their companies and looking to improve their review skills.

Objectives

After attending this presentation, you will be able to...

Indicate how different stakeholders utilize financial statements
Recognize how flexible budgeting may be used by CFOs and Controllers
Recall how time series analysis and common size financial statements are used in trend analysis
Calculate liquidity, leverage, and profitability ratios
Identify the uses and limitations of ratio analysis

Preparation

None

Credits

Level

Code

Vendor

Fields of Study

Leader(s):

David Peters, CPA Crossings, LLC Two Commerce Square

Leader Bios

David Peters, CPA Crossings, LLC Two Commerce Square

David R. Peters, CPA, CFP, CPCU, MST, MBA Peters Tax Preparation & Consulting, Richmond, VA & Rock Hill, SC David Peters is an independent tax preparer for Peters Tax Preparation & Consulting, and a financial advisor and outside representative for Carroll Financial Associates. He has over fourteen years of experience in financial services, including three years in the hedge fund industry and six years in the insurance industry. David was the first-ever Chief Financial Officer of Compare.com, an insurance price comparison company - a position he held for over three years. He was also instrumental in the early success of Elephant Auto Insurance, a six state auto insurance carrier, located in Glen Allen, VA. He holds four masters degrees, and is currently pursuing his PhD in Financial Planning. He regularly teaches courses in accounting, finance, insurance, financial planning, and ethics in Virginia, North Carolina, and South Carolina. He is an Adjunct Professor in Finance and Accounting at Winthrop University in Rock Hill, SC, and teaches regularly for Kaplan Test Preparation. He contributes regularly to various CPA publications, including NCACPA’s Interim Report, SCACPA’s CPA Report, and VSCPA’s Disclosures.

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