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Financial Statements Analysis for Operational Efficiency and Control 2 Credits

Financial Statements Analysis for Operational Efficiency and Control 2 Credits

  • Rating

    4.4
  • Reviewed on

    February, 2024
  • Subject Area

    Accounting

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Sep 05, 11:00 AM ET

Learning Objective

  • To explain financial ratio analysis. 
  • To discuss the operation analysis of the business. 
  • To determine manipulative business practices and how to detect them. 
  • To recognize resource utilization ratios for business. 

Course Overview

Financial statement analysis is the process of reviewing key financial documents to gain a better understanding of how the company is performing. While many different types of financial statements can be analyzed as part of this process, some of the most important, especially to managers, include Balance Sheets, Income statements, Cash Flow statements, and Annual reports. 

In this CPE course, we are going to learn different types of ratios that are used in financial analysis for businesses to understand their financial and operational efficiencies.  

These ratios are necessary for understanding financial statements and observing if there are no manipulations. Financial Ratio Analysis does help to understand if the company is operating to its maximum ability. We will be also looking at examples of different companies and comparing their ratios to understand how different business models impact ratios and how we can draw reasonable logical conclusions about operational efficiencies. 

Every company uses a different type of account and business model, hence financial ratios cannot be just compared from one company to another company Without understanding the business model and how it is infected by different business practices and these financial ratios.

This Accounting CPE course will answer the following questions: 

  • What is financial statement analysis?
  • What are financial KPIs?
  • Which financial performance measures should be continuously monitored? 

Explore CPA CPE Courses with MY-CPE. Our online offerings make it easy for you to fulfill your CPA CPE requirements. With a broad selection of topics taught by experienced professionals, you can enjoy flexible scheduling and self-paced learning. Say goodbye to traditional methods and begin your path to professional growth with us today!

  • 2 CPE Credit of Accounting for Certified Public Accountants (CPA-US)
  • 2 General Credit of Accounting for Accountant/Bookkeeper/Tax Professionals
  • 2 CPD Credit of Accounting for CPA in Canada
  • 2 CPE Credit of Financial Accounting for Certified Internal Auditors (CIA)
  • 2 CPE Credit of Accounting for Certified Fraud Examiner (CFE)
  • 2 CPE Credit of Financial ratios for Certified Management Accountants (CMA)
  • 2 CPE Credit of Financial Reporting for Chartered Global Management Accountants (CGMA)
  • 2 CPD Credit of Financial Reporting for Accredited in Business Valuation (ABV)
  • 2 CPE Credit of Financial accounting for Certified Valuation Analyst (CVA)
  • 2 CPD Credit of Financial Reporting for Certified Financial Forensics (CFF)
  • 2 PL Credit of Accounting for Chartered Financial Analyst (CFA)
  • 2 CPE Credit of Accounting for Internal Audit Practitioner (IAP)
  • 2 CPD Credit for Association of Chartered Certified Accountants (ACCA)
  • 2 CPD Credit for Chartered Accountant - ICAEW
  • 2 CPE Credit of Financial accounting for Certified Business Appraiser (CBA)/Master Certified Business Appraiser (MCBA)
  • 2 CE Credit of Financial accounting concepts for Certified FP&A Professional (FP&A)
  • 2 CPE Credit of Accounting for Iowa Licensed Public Accountant (IA-LPA)
  • 2 CPE Credit of Accounting for Qualification in Internal Audit Leadership (QIAL)
  • 2 PL Credit of Accounting for CIPM
  • 2 CPE Credit of Accounting for Maine Licensed Public Accountant (ME-LPA)
  • 2 CPE Credit of Accounting for Delaware Licensed Public Accountant (DE-LPA)
  • 2 CPD Credit for Chartered Accountants - Ireland (CAI)
  • 2 CPD Credit for Chartered Accountants - Scotland
  • 2 CPD Credit for CPA - Ireland

  • 2.5 CPE Credit of Accounting for Certified Public Accountants (CPA-US)
  • 2.5 General Credit of Accounting for Accountant/Bookkeeper/Tax Professionals
  • 2.5 CPD Credit of Accounting for CPA in Canada
  • 2.5 CPE Credit of Financial Accounting for Certified Internal Auditors (CIA)
  • 2.5 CPE Credit of Accounting for Certified Fraud Examiner (CFE)
  • 2.5 CPE Credit of Financial ratios for Certified Management Accountants (CMA)
  • 2.5 CPE Credit of Financial Reporting for Chartered Global Management Accountants (CGMA)
  • 2.5 CPD Credit of Financial Reporting for Accredited in Business Valuation (ABV)
  • 2.5 CPE Credit of Financial accounting for Certified Valuation Analyst (CVA)
  • 2.5 CPD Credit of Financial Reporting for Certified Financial Forensics (CFF)
  • 2.5 PL Credit of Financial Statement Analysis for Chartered Financial Analyst (CFA)
  • 2.5 CPE Credit of Accounting for Internal Audit Practitioner (IAP)
  • 2.5 CPD Credit for Association of Chartered Certified Accountants (ACCA)
  • 2.5 CPD Credit for Chartered Accountant - ICAEW
  • 2.5 CE Credit of Financial accounting concepts for Certified FP&A Professional (FP&A)
  • 2.5 CPE Credit of Financial accounting for Certified Business Appraiser (CBA)/Master Certified Business Appraiser (MCBA)
  • 2.5 CPE Credit of Accounting for Iowa Licensed Public Accountant (IA-LPA)
  • 2.5 CPE Credit of Accounting for Qualification in Internal Audit Leadership (QIAL)
  • 2.5 PL Credit of Accounting for CIPM
  • 2.5 CPE Credit of Accounting for Maine Licensed Public Accountant (ME-LPA)
  • 2.5 CPE Credit of Accounting for Delaware Licensed Public Accountant (DE-LPA)
  • 2.5 CPD Credit for Chartered Accountants - Ireland (CAI)
  • 2.5 CPD Credit for Chartered Accountants - Scotland
  • 2.5 CPD Credit for CPA - Ireland

Additional Information

Credits

2

Course Level

Basic

Instructional Method

QAS Self Study
Group Internet Based

Pre-requisites

None

Advance Preparation

None

NASBA APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors.

About Instructor

Manish Gupta
Manish Gupta

Founder & CEO, VITTPRO

  • 4.3
  • rating
  • rating
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Energetic, ambitious and Result-oriented professional, offering +15 years of extensive experience in Management, operations, Finance, Audit, Risk management, marketing and Customer experience.

Manish has hands-on experience in Monthly Reporting and Pnl Analysis, Budgeting and strategic planning.

Passionate for learning and development, thinking in innovative and non-traditional ways, Manish is your business partner for growth.

Manish is experienced with leading projects for change. He has led ERP implementation for 16 hotels in Htoo Group.

Manish is focused, display positive attitude and Topline growth approach towards business problems. He believes in efficiencies and lean management.

He is also on his Entrepreneurial journey and founded https://ehotelmanagementschool.com for sharing knowledge and experience via online classes and sessions. Startup also help small hotels and other startups with finance and management consulting.

On Demand FAQs

What is Self Study (QAS)?

Self Study QAS (Quality Assurance Service) is a NASBA and other regulatory bodies approved program designed for Professionals to complete their Continuing Professional Education credits through self-paced, interactive courses that meet the highest standards of quality and compliance. We are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn CPE credits through self-study?

To earn CPE credits, you must complete the self-study course, pass the required assessments, and submit the necessary documentation. Credits are awarded based on the completion of course hours and successfully passing the assessments.

Are the self-study courses approved by NASBA and other regulatory bodies?

Yes, all our self-study courses are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the rigorous standards for quality and educational content set by these organizations.

What are the requirements to maintain compliance with self-study courses?

To maintain compliance, you must follow the guidelines set by NASBA and other regulatory bodies, which include completing the course within the specified timeframe, passing the assessments, and keeping accurate records of your learning activities.

How can I access my course completion certificates?

After successfully completing a self-study course and passing the assessments, you can access and download your course completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Live Webinar FAQs

What is a Live Webinar Group Internet-Based Credit?

A Live Webinar Group Internet-Based Credit is an interactive, real-time online seminar where professionals can earn Continuing Education credits by participating in live sessions led by experts in various fields. These sessions meet the standards set by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn credits through live webinars?

To earn credits, you must attend the entire live webinar, actively participate in any polls or questions, and complete any required evaluations or assessments. Credits are awarded based on your attendance and participation in the live session.

Are the live webinars approved by NASBA and other regulatory bodies?

Yes, all our live webinars are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the high standards for quality, interactivity, and educational content set by these organizations.

What are the requirements to maintain compliance with live webinar courses?

To maintain compliance, you must adhere to the guidelines set by NASBA and other regulatory bodies, which include attending the full duration of the webinar, participating in interactive elements, and completing any post-webinar evaluations or assessments.

How can I access my webinar completion certificates?

After successfully attending a live webinar and fulfilling all participation requirements, you can access and download your completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Ratings and Review

4.4

Excellent

Very Good

Average

Poor

Terrible

JB

Jed Blancaflor, CPA in Canada

Presentation was good in showing different ways to analyze financial statements. I intend to use these ways to help in better analyzing my own organization's results to effectively inform my managers about the results of their operations.

VK

Vinod Kantharia, CMA

This was my first experience with MyCPE and I was thrilled at the clarity of the context. The webinar was very specific on the subject matter with lots of examples and explained in simple language.

Inclusions
  • Multiple Credits
    Multiple Credits

    Earn continuing education credits with flexibility. Choose from live webinars, on-demand courses, e-books, or podcasts to fit your learning style and schedule.

  • Certifications & Reporting
    Certifications & Reporting

    We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days - fastest in the industry.

  • Credit Tracker
    Credit Tracker

    Track and manage your compliance across all 50 states and over 100 designations. Our Credit Tracker keeps your CPE credits and compliance requirements always up-to-date.

  • Certificate Vault
    Certificate Vault

    Certificate Vault to upload, manage, and access certificates earned from various sources and an integrated credit tracker, allowing users to monitor and manage their credits conveniently for compliance.

  • Compliance Reminders
    Compliance Reminders

    Stay current with our automated reminder system. Receive timely alerts for your CPE requirements, ensuring you never miss a deadline.

  • Mobile App Access
    Mobile App Access

    The myCPE Mobile App allows you to learn on the go, providing access to educational content on Android and Apple iOS devices. You can learn anytime and anywhere, making it convenient for busy schedules.

  • Live Support
    Live Support

    Our support team is available via live chat, email, and phone from 9 AM to 5 PM ET. We're here to help with any questions or issues, ensuring you have a seamless experience.

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