Skip to main content

Financial Statement Review & Trend Analysis — Part 1: Profit & Loss Statements

-

(Check-In )

Add to Calendar

Online

4.00 Credits

Member Price $164.00

Non-Member Price $229.00

Overview

This class examines the profit and loss statement and balance sheet issues that clients are likely to face. It takes place over two sessions:

  • Part 1: Profit and Loss Statements
  • Part 2: Balance Sheets

This session analyzes the profit and loss statement trends including profitability issues, gross margin and productivity issues that clients face. It helps CPAs spot impending problems and what suggestions to give to clients to fix them before they become major crises. Attendees will use sample financial statements in the analysis process.

*** Save 15% on this event when you use the code SAVE15 at checkout ***

Highlights

  • The ideal client for financial analysis.
  • How to present profit and loss statements financial data to a client so that it makes sense to him/her.
  • What to look for on a profit and loss statement to ensure that it is probably accurate.
  • Overall profit and loss trends — what the trends should look like, reasons that it might not be trending in a positive manner, and where you should point a client to reverse the trends.
  • Gross margin trends — what the trends should look like, reasons that it might not be trending in a positive manner, and where you should point a client to reverse the trends.
  • Productivity trends — definitions, what the trends should look like, reasons that it might not be trending in a positive manner, and where you should point a client to reverse the trends.

Prerequisites

None

Designed For

CPAs and other financial experts who prepare financial statements for their clients and want to help them analyze the statements.

Objectives

  • Understand how to present profit and loss statement financial information to a client so that it makes sense to him/her.
  • Understand the eight profit and loss financial graphs to present to a client to help ensure his/her business is trending in the right direction financially.
  • Understand how to present suggestions to a client if his/her business is not trending in the right direction financially.

Preparation

None

Notice

 

Non-Member Price $229.00

Member Price $164.00