On Demand Course

Understand and Interpret Financial Statements

Gain a better understanding of the meaning of financial statements and find the information you are looking for.

Learning Objectives

After completing this course, learners will be able to:

  • Describe basic types of financial statements.
  • Discuss how to develop and generate a consistent financial reporting package.
  • Explain detailed analysis of financial statement lines.
  • Review the statement of cash flows and know what you should look for.
Sheri Springer & Haley Bruss 1 HR
Included with Team Membership

About This Course

This course will assist internal and external readers of financial statements by gaining an overall understanding of basic financial statements-balance sheet, statement of operations, and statement of cash flows. You will learn how to analyze specific financial statement line items, how the analyses of the balance sheet and operating statement interplay, and calculate and review key ratios to make informed financial decisions.

Agenda

  • Overview of the Basic Types of Financial Statements
  • How to Develop and Generate a Consistent Financial Reporting Package
  • Detailed Analysis of Financial Statement Lines-What the Analysis Is Telling the Reader and How to Utilize to Make Informed Financial Decisions
  • Review of the Statement of Cash Flows-What Should We Look For and What Is It Telling Us?

 

*This program does NOT qualify, nor meet the National Standard for NASBA accreditation. 

Your Instructors

Sheri Springer
Sheri Springer

Sheri Springer, CPA
• A principal with SVA Certified Public Accountants providing assurance services (audits, reviews, compilations) and process and procedures reviews
• Helps clients establish internal financial reporting procedures and analyses to allow management to make informed financial decisions
• Manages and performs audits for owners of projects receiving federal financial assistance from Low-Income Housing Tax Credits and the U.S. Department of Housing and Urban Development (HUD)
• Can be contacted at springers@sva.com or 608-826-2531

Haley Bruss
Haley Bruss

Haley Bruss, CPA
• A supervisor with SVA Certified Public Accountants providing assurance services (audits, reviews, compilations)
• Helps privately held companies in the construction, hospitality, and manufacturing industries improve their overall financial reporting processes
• Works with the plan sponsors of employee benefit plans to ensure they are compliant and operating in the best interest of the individuals in the plan
• Can be contacted at brussh@sva.com or 608-826-2559

Training your team?

This course is covered under team memberships.

See Team Memberships
Buying for yourself?
$ 99
Included with Team Membership
Training your team?

This course is covered under team memberships.

See Team Memberships
$ 99
per attendee