About This Chapter
Types of Financial Reporting & Analysis - Chapter Summary
This chapter examines several types of financial reporting and analysis. As you progress through the chapter, you'll improve your understanding of financial reporting as well as the analysis of inventory, long-lived assets, income taxes and much more. Our instructors also show you concepts related to off-balance sheet items. Upon completion of the chapter, you should be able to:
- Understand the financial reporting and analysis of inventory, long-lived assets, employee benefits, intercorporate investments and taxes
- Rate debt using financial analysis
- Explain the uses of off-balance sheet financing
- Analyze off-balance sheet items
- Assess the international implications of business combinations
To help you supplement your studying experience, we've included interactive lesson quizzes and a comprehensive chapter exam. Use any computer or mobile device to study, and reach out to our instructors if you have any questions. Your dashboard will keep track of your progress throughout the chapter.
1. Financial Reporting & Inventory Analysis
In this lesson you will learn about valuable inventory information available on your company's financial statements. You also will learn about the two ratios most commonly used for inventory analysis.
2. Financial Reporting & Long-Lived Asset Analysis
In this lesson, you will learn the definition of long-lived assets. You will also learn about impairment accounting for long-lived assets and assets held-for-sale.
3. Using Financial Analysis to Rate Debt
Financial analysis is a tool used by potential investors to assess investments they're considering. In this lesson, you will learn about financial ratios that can be used to assess debt.
4. What Is Off-Balance Sheet Financing? - Definition & Uses
Sometimes businesses must be creative in making large purchases or handling their debt. Their lenders may have strict rules about how much they can borrow. In this lesson, we'll discuss off-balance sheet financing and its use in business accounting.
5. What is a Business Combination? - Definition & International Implications
This lesson explores the concept of a business combination and its relevant accounting standard, IFRS 3. It covers the accounting implications and disclosure requirements under a business combination.
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Other chapters within the Chartered Financial Analyst (CFA): Exam Prep & Study Guide course
- About the CFA Exam
- Ethical & Professional Standards in Finance
- Quantitative Methods in Finance
- Overview of Economics in the Financial Market
- Domestic Economic Concepts
- International Trade & Currency Exchange
- Overview of Financial Reporting & Analysis
- Understanding Corporate Finance
- Equity Investments
- Fixed-Income Securities
- Derivatives in Finance
- Alternative Investments
- Overview of Portfolios
- Portfolio Management Strategies
- Portfolio Performance Analysis