11-21-2024, 11:51 AM
Non-Recurring Items And Key Ratios In Financial Analysis
Last updated 10/2024
MP4 | Video: h264, 1920x1080 | Audio: AAC, 44.1 KHz
Language: English | Size: 2.09 GB | Duration: 5h 15m
Master the intricacies of non-recurring items, EPS, and essential financial ratios to enhance your financial skills
[b]What you'll learn[/b]
Understanding of Non-Recurring Items: Gain insights into non-recurring items and their significance in financial reporting, helping students evaluate a company
Earnings Per Share (EPS) Calculations: Learn the methods for calculating both basic and diluted EPS, including the impact of stock splits.
Fundamentals of Tax Liability: Understand deferred tax liabilities and goodwill, and how they influence financial statements and overall financial health.
Comprehensive Financial Statement Analysis: Develop skills to analyze annual reports, focusing on summary financials, cash flow statements.
Financial Ratios: Explore various types of financial ratios, including performance ratios, liquidity ratios, solvency ratios, activity ratios.
Application of Advanced Analytical Techniques: Utilize advanced analysis methods like DuPont analysis, return on equity calculations, and dividend payout ratios
Real-World Case Studies: Apply theoretical knowledge through real-world examples, enhancing critical thinking and analytical skills in financial decision-making
Practical Excel Skills: Build financial statements using Excel, including income statements and cash flow statements, to develop practical skills.
[b]Requirements[/b]
Basic Understanding of Accounting Principles: Familiarity with fundamental accounting concepts, including the accounting equation, the preparation of financial statements, and basic terminology.
Financial Literacy: A foundational knowledge of finance and investment concepts, enabling students to comprehend the course material effectively.
Proficiency in Excel: Basic skills in Microsoft Excel, as the course includes practical exercises in building financial statements and conducting analysis using spreadsheets.
[b]Description[/b]
This course provides a thorough exploration of financial analysis, focusing on non-recurring items and their implications for financial statements. Participants will gain insights into basic and diluted earnings per share (EPS), the impact of goodwill, and the intricacies of tax liabilities. Throughout the course, students will also learn about various financial ratios that assess company performance, liquidity, solvency, and profitability. By the end of the course, students will be equipped with the knowledge to interpret financial statements critically and apply this understanding in real-world scenarios.Section 1: IntroductionIn the first section, students will be introduced to the concept of non-recurring items, which are crucial for understanding financial statements. They will explore the nature of these items and their significance in evaluating a company's financial health. The introduction sets the foundation for further exploration of earnings per share and its calculation methods.Section 2: Basic and Diluted EPSThis section delves deeper into the earnings per share (EPS) calculation, including both basic and diluted EPS. Students will learn about stock splits and the common size statement, which helps compare financial performance over time or against industry benchmarks. Comprehensive income will also be covered to give students a holistic view of a company's financial performance.Section 3: Tax Liability and MethodFocusing on tax liabilities, this section covers deferred tax liability and goodwill, offering insights into how these elements affect a company's financial standing. Students will also learn about the common size balance sheet and the direct and indirect methods of preparing cash flow statements. The section concludes with an overview of free cash flow, a vital indicator of a company's financial flexibility.Section 4: RatiosStudents will dive into performance ratios, gaining a clear understanding of how to evaluate a company's operational efficiency and profitability. Coverage ratios will also be analyzed to assess a company's ability to meet its debt obligations, allowing students to evaluate risk in financial performance.Section 5: Activity RatiosThis section covers activity ratios such as receivables turnover, payables turnover, inventory turnover, asset turnover, and working capital turnover. These ratios will provide students with insights into how effectively a company utilizes its assets and manages its liabilities.Section 6: Liquidity RatiosStudents will explore liquidity ratios, including the defensive interval ratio, current ratio, and cash conversion cycle, which are crucial for assessing a company's ability to meet its short-term obligations. Understanding these ratios will empower students to evaluate the liquidity position of a business effectively.Section 7: Solvency RatiosIn this section, the focus shifts to solvency ratios, which measure a company's ability to meet long-term obligations. Students will learn about financial leverage and how to assess a company's long-term financial health.Section 8: Profitability RatiosProfitability ratios will be explored in detail, including interest and fixed charges coverage, gross margin, operating margin, pretax and net income margin, return on assets, and return on total capital. These ratios are essential for understanding a company's ability to generate profit relative to its revenue and assets.Section 9: AnalysisThe final section provides advanced analytical tools such as return on equity, DuPont analysis, and extended DuPont analysis. Students will also learn about dividend payout and retention ratios, same-store sales analysis, and the assessment of business risk. This comprehensive analysis equips students with the skills to make informed decisions based on financial data.Conclusion:Upon completing this course, students will have a robust understanding of financial reporting, including the significance of non-recurring items, EPS calculations, tax liabilities, and various financial ratios. They will be prepared to analyze financial statements critically and apply their knowledge in real-world financial decision-making. Whether pursuing a career in finance, accounting, or investment analysis, students will leave with practical insights and tools to excel in their fields.
Overview
Section 1: Introduction
Lecture 1 Introduction to Non Recurring Item
Section 2: Basic and Diluted EPS
Lecture 2 Continue to Non Recurring Item
Lecture 3 EPS
Lecture 4 Stock Splits
Lecture 5 Common Size Statement
Lecture 6 Comprehensive Income
Section 3: Tax Liability and Method
Lecture 7 Deffered Tax Liability
Lecture 8 Goodwill
Lecture 9 Common Size Balance Sheet
Lecture 10 Direct and Indirect Method in a Cash Flow
Lecture 11 Free Cash Flow
Section 4: Ratios
Lecture 12 Performance Ratios
Lecture 13 Performance Ratios Continue
Lecture 14 Coverage Ratios
Lecture 15 Coverage Ratios Continue
Section 5: Activity Ratio
Lecture 16 Receivables Turnover
Lecture 17 Payables Turnover
Lecture 18 Inventory Turnover
Lecture 19 Asset Turnover
Lecture 20 Working Capital Turnover
Section 6: Liquidity Ration
Lecture 21 Defensive Interval Ratio
Lecture 22 Current Ratio
Lecture 23 Cash Conversion Cycle
Section 7: Solvency Ratios
Lecture 24 Solvency Ratios
Lecture 25 Financial Leverage
Section 8: Profitability Ratio
Lecture 26 Interest and Fixed Charges Coverage
Lecture 27 Gross Margin and Operating Margin
Lecture 28 Pretax and Net Income Margin
Lecture 29 Return on Assets
Lecture 30 Return on Total Capital
Section 9: Analysis
Lecture 31 Return on Equity
Lecture 32 Dupont Analysis
Lecture 33 Dupont Extended Analysis
Lecture 34 Dividend payout and Retention Ratio
Lecture 35 Same Store Sales
Lecture 36 Business Risk
Aspiring Finance Professionals: Individuals looking to build a career in finance, accounting, or investment analysis will find this course invaluable in enhancing their understanding of financial reporting and analysis.,Students in Business or Finance Programs: Undergraduates or graduates studying business, finance, or accounting who want to deepen their knowledge of financial statements and metrics will benefit from the structured learning approach.,Accounting Professionals: Accountants seeking to improve their skills in financial analysis, particularly in understanding earnings per share (EPS) and various financial ratios, will find the course highly relevant.,Investment Analysts: Those working in or aspiring to work in investment analysis or portfolio management roles can enhance their ability to evaluate company performance and make informed investment decisions.