Introduction to financial Statements Accounting CPE Webinar

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Introduction to Financial Statements and the Environment of Financial Reporting

Learning Objectives

To describe why financial statements are important and how they are used.
To describe the four financial statements and explain how they differ.
To list the 5 basic questions, in order, that cover the concepts measured by the financial.

Course Description

A financial statement is a formal report of the financial activities of a business, person, or other entity. Financial statements are a key component of accounting; the process of communicating information about a financial entity. Financial statements are presented in a structured manner with conventions accepted by accounting and regulatory personnel. An entity’s financial statement typically includes four basic components: a balance sheet, income statement, cash flow statement, and statement of changes in equity.

This CPE course is an introduction to financial statements and will highlight:

What are the financial statements?

Why financial statements are important?

This CPE course also includes a description of the environment in which they are prepared and used as well as a description of the concept of corporate governance. This continuing education will also put emphasizes the role of financial statements in measuring how well companies have performed on key factors of business success. This CPE course covers the preparation and use of financial statements as well as the accounting methods used in constructing financial statements.

Major topics covered in this online Accounting CPE webinar:

The components of a financial statement
Uses of the financial statement
Limitations of the financial statements
Financial statement analyses
The environment of financial reporting
The environment of corporate governance

Webinar Qualifies For

2 CPE Credit of Accounting for Certified Public Accountants (CPA-US)
2 General Credit of Accounting for Accountant/Bookkeeper/Tax Professionals
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 Reporting for Certified Management Accountants (CMA)
2 CPE Credit of Financial accounting for Certified Valuation Analyst (CVA)
2 CPD Credit of Financial Reporting for Accredited in Business Valuation (ABV)
2 CPE Credit of Valuations for Chartered Global Management Accountants (CGMA)
2 CPD Credit of Financial Reporting for Certified Financial Forensics (CFF)
2 PL Credit of Financial Statement Analysis for Chartered Financial Analyst (CFA)
2 CPE Credit of Accounting for Internal Audit Practitioner (IAP)
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 Qualification in Internal Audit Leadership (QIAL)
2 PL Credit of Financial Statement Analysis for CIPM

About Instructor

Lambers, Inc.

, Lambers, Inc.

Lambers Financial is a leader in providing E-learning courses for accounting professionals looking to achieve the industry's most recognized designations such as the Certified Public Accountant (CPA) and Enrolled Agent (EA). Accounting and finance professionals around the world incorporate Lambers products into their training programs.

Lambers CPA Review was started by Vincent W. Lambers in July of 1966 in Boston, MA. The first class had six students and from that point, the program grew to be the largest live instruction CPA Review program in New England. The Lambers teaching method of illustrations, examples and working problems has helped over 250,000 candidates pass the CPA Exam since that first class in 1966.

Today, Lambers review courses deliver that same successful teaching style to exam candidates via online video, unique adaptive testing software, and textbooks. Over the last two decades, we've expanded our offerings to include the Enrolled Agent (EA), an extensive library of both IRS approved continuing education (CE) courses (including the IRS Federal Tax Refresher (AFTR) course for registered tax professionals), and NASBA approved continuing professional education (CPE).

See why Lambers Financial has remained a leader in professional education for over fifty years! Visit our website today to check out our full line of review courses and titles.

Additional Information

Duration

2 Hours

Course Level

Basic

Instructional Method

Group Internet Based

Pre-requisites

None

Advance Preparation

None

FAQ’s

Click Here to View

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 through its website: www.NASBARegistry.org.

Ratings and Review

4.5

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Harvey Busby, CPA (US), CVA

The presenter was excellent. a very insightful program, which demonstrated great analysis techniques. However, I couldn't take notes fast enough and the final exam did not appear at the end of the video. I would also liked to have seen my final quiz score.

Tina Lawrence, CPA (US), Tax Professional

The examples and ease of listening are of great value to the learning process.

Ahmed Jeewa, CPA (US)

Insightful course with instructor with valuable insight

Suraj Sharma, EA

NICE EXPLAINATORY VIDEOS

Jimmy Le, FSCP

Refresh my knowledge.

2 Credits

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Subject Area

Accounting

Completed

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Introduction to Financial Statements and the Environment of Financial Reporting

Course Details

Learning Objectives

Course Description

Qualifies for

Webinar Qualifies For

Presenter Details

About Instructor

Lambers, Inc.

Other Details

Additional Information

2 Hours

Basic

Group Internet Based

None

None

FAQ’s

NASBA APPROVED

Ratings and Review

4.5

Harvey Busby, CPA (US), CVA

Tina Lawrence, CPA (US), Tax Professional

Ahmed Jeewa, CPA (US)

Suraj Sharma, EA

Jimmy Le, FSCP

Subject Area

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