Whether searching for red flags at the start of a fraud risk assessment or evaluating financial condition for the purpose of a business valuation, financial statement analysis is a cornerstone of most any forensic or valuation assignment. This course will utilize an interactive case study to illustrate comprehensive financial statement analysis, focusing not only on how to complete relevant calculations but also how to interpret them. Participants will be guided through how to measure key metrics and then, in small groups, will utilize a Microsoft Excel template to conduct their own analysis and share their findings with the class.
After attending this course attendees will be better able to:
Prepare a comprehensive financial statement analysis, including identifying trends, key strengths and weaknesses, and/or red flags of a business’s financial condition;
Calculate internal liquidity ratios, operating efficiency and profitability metrics, business risk factors, and financial risk indicators;
Articulate the meaning behind the numbers, combining qualitative and quantitative aspects of a business to interpret the data.