Financial Reporting Part 3

COURSE

This segment gets to the heart of financial statement analysis applications for investment decision-...

There are a number of earnings definitions and CFAI expects candidates to know the differences among...

- Other Comprehensive Income (OCI) reflects the changes in a company's equity during the accountin...

- This segment has focused on earnings; when reporting earnings management has certain discretion ...

Companies frequently use derivatives to hedge their risk exposures. Under U.S. GAAP there are three...

- In cash basis accounting, the revenue is recognized when the cash is collected, and expenses are...

The management of a company has two types of motivations or incentives for manipulating financial re...

- Conceptually, earnings quality refers to the accuracy of the income statement reported by a comp...

- A company's accrual earnings has two components: cash earnings and aggregate accruals Accrual B...

The table below summarizes some (i.e. not comprehensive) common financial reporting problems and the...

Financial analysts commonly use financial ratios to evaluate the investment worthiness of a company’...

- At the core of financial analysis is the ability of an analyst to revise a company's reported fi...