Develop a thorough ability to analyze financial statements and reports by mastering the core principles of financial accounting. This course covers accrual accounting, the three primary financial statements, and the ratios and metrics financial analysts use to evaluate company performance.
Instruction is grounded in real-world exercises using actual financial statements from recognizable public companies. You will work through genuine 10-K filings from companies such as Meta, Amazon, and Apple to connect accounting concepts to real reporting practices.
Topics Covered at a Glance:
- Financial accounting fundamentals: cash versus accrual accounting and GAAP
- Income statement components and key financial performance metrics
- Balance sheet structure: Assets = Liabilities + Shareholders' Equity
- Cash Flow Statement: operating, investing, and financing activities
- How the three financial statements interconnect and reconcile
Detailed Course Syllabus
Introduction to Financial Accounting
- Who uses financial reports and why
- Where to find publicly available financial reports
- Types of financial reports and their purposes
- Generally Accepted Accounting Principles (GAAP)
- Cash versus accrual accounting: key differences
Income Statement
- Core line items and their meanings
- Profit ratios and margin calculations
- How accrual accounting appears in the income statement
- Depreciation and amortization treatment
- Trailing Twelve Months (TTM) analysis
- Year-over-year (YoY) comparisons
- EBITDA and its uses in financial analysis
Balance Sheet
- The fundamental accounting equation: Assets = Liabilities + Shareholders' Equity
- Key components within each section
- Changes in property, plant, and equipment (PP&E)
- Working capital and its significance
Cash Flow Statement
- Why the cash flow statement is essential
- Cash flows from operating activities
- Cash flows from investing activities
- Cash flows from financing activities
- Deferred taxes and their cash flow impact
Flexible Training Solutions for Your Team
Group Vouchers and Scheduled Classes
Group vouchers are available so employees can attend sessions at their convenience, with options on weekdays, weeknights, and weekends. Courses run live online and in person at our Midtown Manhattan offices. Larger voucher packages include a custom registration tracking portal.
With a wide variety of courses on the calendar, employees can find sessions that suit their skill level, schedule, and preferred format.
Practical Skills from Working Industry Professionals
Participants leave training ready to apply what they have learned right away, with all course files to keep for ongoing use.
Our hands-on curriculum is built around real financial analysis challenges. Training is available on-site at your office, at our Midtown Manhattan location, or through live virtual instruction, and can be fully customized to your organization's training needs.
