Analysis of the

Corporate

Annual Report

Course Description:

This course focuses on an analysis of the corporate annual report. It helps you interpret and understand its components, including the financial statements, footnotes, review of operations, auditor’s report, supplementary schedules, management discussion and analysis (MD&A), and Management’s Report on Internal Control Over Financial Reporting. It touches upon how the Sarbanes-Oxley 404 reporting differs from traditional reporting. The course also teaches you how to perform financial ratio and cash flow analysis.

Learning Objectives:

Upon successful completion of this course, participants will be able to:

• Identify the basic financial statements of the annual report and their purpose: the balance sheet, income statement, and statement of cash flows
• Explain how the balance sheet portrays a company’s financial position
• Describe the income statement reveals the entity’s operating performance
• Describe how the income statement reveals the entity’s operating performance
• List a company’s cash inflows and cash outflows