Learn techniques we teach around the world...
Oriented around interpreting financial results of companies to gain a solid understanding of financial statements, the goal is to demystify financial disclosures and use practical tools to efficiently unpack the numbers. This turn-key perspective combined with TTS’s teaching expertise, provides the optimal blend of accounting instruction needed to prepare participants for success—not just as accountants but as well-rounded financial professionals.
These course weave together classroom lecture, in-class exercises, and critical thinking skills providing the real world, practical applications of the standards and methods that a professional needs.
Led by our experienced instruction team of former practitioners, you get a unique blend of industry insight combined with a passion for teaching. The average TTS instructor has been part of the team for 8.5 years.
What you will learn?
Interpreting Financial Statements
- Generally accepted accounting principles
- Matching principle
- Historical cost vs. fair value
- A= L+ E
- Three-statement relationships
- Assets and liabilities (detailed discussion of flow and terms)
- Debt features and terms
- Introduction of related period expenses (depreciation, amortization, interest expense, etc.)
- Equity (detailed discussion of flow and terms)
- Income statement (detailed discussion of flow and terms)
- Relationships with the balance sheet
- Footnotes and management’s discussion
- Optional exercises to reinforce learning objectives: self-paced
Advanced Income Statement:
- Revenue recognition
- Unusual items
- Interest expense and capitalized interest
- Discontinued Operations
- Restructuring Charges
- EPS including primers on options and convertible securities
Cash Flow Statement:
- Mechanics and flow
- Detailed construction
- Sources of public information
- Ratio analysis and case study
- Normalizing results – an introduction
- Ratio analysis: optional, self-paced
Leases (finance vs. operating):
- Finance and operating leases
- Balance sheet and income statement presentation
- Impacts of lease classification on EBIT, EBITDA and EBITDAR
- Purchase accounting
- Calculating goodwill and gains on bargain purchases
- Goodwill impairment
- Consolidations and levels of ownership
- Equity method investments
- Noncontrolling interests
- Permanent differences and effective tax rates
- Temporary differences and deferred tax asset and liabilities
- Discussion of timely issues such as tax law changes (time permitting)
- Options and restricted shares
- Amortization of share-based compensation expense
What Does A Day Look Like?
Who Is This Course For?
How Do You Like To Learn?
Flexible Learning Options
Our courses are available in both in-person or virtual classroom formats. If you learn better in your own space or traveling isn’t convenient, virtual is great solution. Either way, you get the skills and support you need to succeed.
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Unlock your career potential
Training The Street has been teaching the biggest finance firms for over 20 years. To help unlock your career potential, we offer certificates to provide the recognition you deserve.
After you finish your course, you will receive a certificate which can be easily added to your LinkedIn profile.