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Financial Analysis: Ratios and Company Specific Risk


Business Valuation

 Financial Analysis: Ratios and Company Specific Risk
CPE Credit

Program Type: Recorded Webinar(Audio, PPT)
Program Level: Basic
Prerequisites: Students should have an idea or understanding of assets, liabilities, and equity, and the classic income statement.
Advanced Preparation: None
Delivery Method: Group Internet-Based
CPE Credits: Two (2) Hours
Fields of Study: Accounting
Item Number: 11OBVRW4545
Shipping Weight: 0lbs. 0oz.
Price: $110.00
Program Description

This webinar introduces participants to another type of risk found in financial statements called Operating Risk. Attendees will learn cost volume profit analysis, and break/even analysis, as well as a review of the major ratios. This webinar will illustrate a process of working backwards by computing the value of the assets from the ratios and a known quantity. Topics covered in the webinar are:

- Types of ratios: Liquidity, Activity, Profitability Solvency, Capital Adequacy, and Return on Investment
- Economic Income Statement
- Return on Investment Ratios (breakdown and value drivers)
- Common stock ratios
- Leverage
- Economic income statement and leverage
Break/even analysis
- Cost curves
- Marginal analysis and leverage
- Operating leverage and beta
- Solvency coverage ratios
- Capital adequacy
- Burn rate
- Using ratios to construct performa financials
- Financial analysis write-ups

Learning Objectives

After completing this webinar, attendees will be able to:

- Articulate the purpose and methodology of financial analysis
- Identify the various internal risks which financial analysis helps us identify, and indicate a company's ability to take on additional financial risk with the nature of its business
- List and define the various financial ratios, and compute and forecast with them
- Differentiate between liquidity, activity or turnover, solvency, profitability, capital adequacy, and return on investment ratios; and understand a company's risks such as operating and financial risk inside the company as identified by the economic income statement

Who Should Attend

Valuation practitioners and CPAs

Presenter(s)

Mary Ann Lerch, MA, MBA, CFA, ASA, MCBA, BVAL
Mrs. Mary Ann Lerch is a Senior Valuation Analyst for Enterprise Valuations, Inc. and has been valuing companies and financial assets for over 35 years including 9 years with IRS, and 2 years as a securities analyst in a brokerage house.

Mrs. Lerch earned her Bachelor of Science and an MBA in Finance from George Washington University, and an MA in Economics from Cal State East Bay. She is a Chartered Financial Analyst (CFA) with the Chartered Financial Analysts Institute, an Accredited Senior Appraiser in Business Valuation with the American Society of Appraisers (ASA), and a Master Certified Business Appraiser (MCBA) with the Institute of Business Appraisers™ (IBA™). She is a Business Valuator Accredited for Litigation (BVAL) with the IBA and has authored numerous technical articles for Business Valuation Review and Valuation; both published by the American Society of Appraisers and in Business Valuation Practice, published by the Institute of Business Appraisers, and Valuation Strategies.