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l1 22 financial statement analysis: an introduction

This class was created by Brainscape user Steven Popovic. Visit their profile to learn more about the creator.

By: Steven Popovic
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Decks in this class (6)

A describe the roles of financial reporting and financial statement analysis;
Financial Statement Analysis: An Introduction
4  cards
B describe the roles of the key financial statements (statement of financial position, statement of comprehensive income, statement of changes in equity, and statement of cash flows) in evaluating a company’s performance and financial position;
Describe the Roles of Key Financial Statements (Statements of Financial Position, Statement of Comprehensive Income, Statement of Changes in Equity, Statement of Cash flows) in evaluating a companies performance and financial position.
4  cards
C describe the importance of financial statement notes and supplementary information —including disclosures of accounting policies, methods, and estimates— and management’s commentary;
Describe the importance of financial statement notes and supplementary information - including disclosures of accounting policies, methods, and estimates-and managements commentary.
3  cards
D describe the objective of audits of financial statements, the types of audit reports, and the importance of effective internal controls;
Describe the objective of audits of financial statements, the types of audit reports, and the importance of effective internal controls.
8  cards
E identify and describe information sources that analysts use in financial statement analysis besides annual financial statements and supplementary information;
Identify and describe information sources that analysts use in financial statement analysis besides annual financial statements and supplementary information.
2  cards
F describe the steps in the financial statement analysis framework.
Describe the steps in the financial statement analysis framework.
7  cards

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l1 22 financial statement analysis: an introduction

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