PPT-Working With Financial Statements ch 3

ch 3 Using Financial Statement Our goal in this chapter is to expand our understanding of the uses of financial statement information Keep in mind we have different users of financial statement. The need for data and numerous judgments can be a struggle especially given scant guidance Substantial care must be taken to confirm that all of the assets and liabilities of the separate business have been properly identified and that all relevant Compilation  Compiled financial statements represent the most basic level of service CPAs provide with respect to financial statements.  In a compilation engagement, the accountant as October 2017. Agenda Item 5A. Recently Issued Auditing Standards. SAS 132, . The Auditor’s Consideration of the Entity’s Ability to Continue as a Going Concern. Supersedes SAS 126 of the same title. General Conference of Seventh-day Adventists. Office of Global Leadership Development. Prepared by: Lowell C Cooper. January 2010. Legal Notice and Terms of Use. Copyright 2010 by the General Conference of Seventh-day Adventists®.  All rights reserved.. January 11, 2018. Learning Objectives. Review the Government-wide financial statements, Proprietary statements, and fiduciary statements. Understand the key components of the reconciliations from the government-wide financial statements to the governmental funds. Office of the Under Secretary of Defense (Comptroller). Mr. Mark Easton, Deputy Chief Financial Officer, OUSD(C). Ms. Alaleh Jenkins, Director, OUSD(C)/FIAR. Washington-ASMC NCR PDI. March 3, 2015. v13. Presented by . David LaRosa, CPA, CGMA, CCIFP. 1. David A. LaRosa, CPA, . CGMA, CCIFP. Shareholder, Mayer Hoffman McCann P.C.. Director, CBIZ MHM, LLC. With . over twenty . years of experience in public . Contents Page Report of Independent Certified Public Accountants 3 Financial S tatements Statements of Financial Position 5 Statements of Activities 6 Statement s of Functional Expenses 7 Statements Mogo Inc For the years ended 31 December2020and 2019F-1KPMG LLPChartered Professional AccountantsPO Box 10426 777 Dunsmuir StreetVancouver BC V7Y 1K3Telephone 604 691-3000Fax 604 691-3031wwwkpmgcaREPO 0. Know . how to standardize financial statements for comparison purposes. Know how to compute and interpret important financial ratios. Be able to compute and interpret the DuPont Identity. Understand the problems and pitfalls in financial statement analysis. CHAPTER OBJECTIVES. Meaning and concept of financial analysis. .. Objectives and importance of financial analysis. .. Types of financial analysis. .. Procedure of financial statement analysis.. Tools and techniques of financial statement analysis.. September 19, 2018. Financial Audit and Review Services. Tax Services. SOX Compliance and Internal Controls. Employee Benefit Plan Audit Services. IT Risk & Compliance. Advisory. Holtzman Partners LLP. 252040, 252036. Module 1 Understand the Key Concepts of Managerial Finance. Module 2 Interpret Financial Statements. Module 3 . Describe and Prepare Financial Forecasts. September 30, 2017. Scope of the Examination. Audit of Financial Statements Pursuant to Generally Accepted Auditing Standards and Government Auditing Standards. Review of Internal Controls Governing Financial Operations, as well as Laws and...