6672 Basic Accounting and Financial Analysis

Price: $ 119.00 (USD)
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You will receive 1.0 credit (CE) upon completion of this course.

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Course Description

It can be difficult to defend clients when you arent sure how their businesses work. Basic Accounting and Financial Analysis will provide you with the foundation youll need to understand your clients financial strengths and weaknesses, investigate another companys books, and help defend a business.
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Course Outline

Basic Accounting and Financial Analysis

    I. Introduction

        A. Goals

        B. What Is Finance?

        C. Where Does Capital Come From?
    II. Accounting Equation

        A. Assets

            1. Cash

            2. Inventory

            3. Accounts Receivable

            4. Prepaid Expense

            5. Property, Plant and Equipment

            6. Goodwill

            7. Example: AOL-Time Warner
        B. Liabilities

            1. Accounts and Notes Payable

            2. Bonds Payable

            3. Accrued Items
        C. Shareholders’ Equity

            1. Common Stock

            2. Common Stock, Continued

            3. Treasury Stock

            4. Retained Earnings
        D. Book Value

        E. Example: General Electric
    III. The Baron Coburg Case

        A. Overview

        B. Beginning Balance Sheets

        C. Ending Balance Sheets

            1. Fred’s Ending Balance

            2. Ivan’s Ending Balance
        D. Income Statements

            1. Fred’s Income

            2. Ivan’s Income
        E. Who’s the Better Farmer?

        F. Who’s the Better Farmer? (Continued)
    IV. Financial Statements

        A. Financial Statement Relationships

        B. Primary Financial Objectives

        C. Financial Statement Analysis

        D. Cash Flow

            1. Cash Flow Statements

            2. Cash Flow Example (1)

            3. Cash Flow Example (2)

            4. Cash Flow Example (3)
        E. Return on Equity

        F. Return on Equity, Continued
    V. General Electric Examples

        A. GE Income Statement

        B. GE Balance Sheet
    VI. Economic Value Added

    VII. Southwest Airlines Examples

        A. Southwest Income Statement

        B. Southwest Balance Sheets and Ratios
    VIII. International Accounting Standards, Pro-Formas, and the Subprime Mess

    AfterWords®

    How to Obtain a Certificate
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More Information

Language English
Course Length 2.33 hours
Duration of Access for 3 months from day of enrollment
Continuing Education Credits 1.0
Instructor C. Hennessey
Vendor SmartPros Legal & Ethics, Ltd. (Read more about SmartPros Legal & Ethics, Ltd. accreditation.)
Course Certification CLE credit available, see details for each course for states where available
Prerequisites/Audience intended for attorneys and law students
Requirements/Materials Included computer with Internet access
Price: $ 119.00 (USD)
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