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| The Continuing Relevance of Financial Statements: The Key Value of a Valuation (2360Q) |
Course CPE: 1 hour
Field(s) of Study: Accounting–1 hr
Program Level: Intermediate
Prerequisites: Previous training or research on subject matter being taught. Such persons are often at a mid-level within the organization, with operational and/or supervisory responsibilities.
Advanced Preparation: None
Delivery Method: QAS Self-Study |
Item
Number: 26BV0713TCR
Shipping Weight: 0lbs. 0oz. |
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$99.00 |
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Recording Date: Edward Mendlowitz
Presenter: Edward Mendlowitz
Program Description:
This course will provide validation of the relevance and importance of financial statements and reported earnings when valuing a company, even though there are some huge differences between book and market values of most companies and in particular publicly traded stocks. While earnings should be the primary basis for valuing a company, there are many ways the earnings could be used to determine the valuation.
Takeaways
Attendees will gain a new way to look at how earnings drive the valuations of all companies including publicly traded stocks. The course will address the “myth” of intangible value “calculations." It will examine the deteriorating significance of book value on a company’s value
After completing this course, you will be able to:
- Recognize the shifting importance of the income statement over the balance sheet in company valuations
- Determine the fallacies of EBITDA
- Identify misconceptions of the significance of the statement of cash flows
- Differentiate the growing importance of market value over book value
- Identify why intangible value courses are not taught at colleges but cost accounting is being taught the way it was 50 years ago
- Determine why normalized earnings should be the only basis for a company's valuation except when it should not
- Recognize why earnings should be a factor in valuing the long-term value of a company
For more information regarding refund or concerns, please contact our offices at (800) 677-2009.
The Consultants’ Training Institute (CTI) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. |
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