|
If you are looking for a study aid that deals with Financial
Statement Analysis, you've come to the right place. A large
portion of the Business
Analysis deals
with questions and answers regarding financial statement analysis
-- an integral component of our proven CMA Exam review system.
Don't gamble with your future, give yourself the CMA exam preparation
you need.
 Practice
with a pack of more than 1,000 color-coded, ready-to-use flashcards
that are 100% current. These CMA flashcards have been researched
to cover the 2005 CMA exam content specifications. You will
receive a flashcard pack with individual cards, on the front are
the questions and on the back the answers. One of the most simple
yet practical methods to engage in and effective CMA Exam review.
If you're looking for a proven CMA exam review system -- don't
look any further. Virtually the most effective method to let you
review and prepare for the CMA Exam, we are so confident about
the superiority and value of our system compared to the competition,
we are willing to offer a 100% satisfaction guarantee.
The flashcards related to long-term finance issues will cover these
topics:
- Ratio Analysis
- Liquidity ratios, current ratio, quick ratio, defensive interval ratio, activity ratios, acid turnover, receivable turnover, inventory turnover, number of days in inventory, number of days in receivables, profitability ratios, return on assets, return on common stock equity, profit margin, leverage ratios, debt ratio, equity ratio, debt to equity ratio, times interest earned, degree of financial leverage, per share ratios, earnings per share, price earnings ratio, book value per share, yield on common stock, dividend payout ratio, limitations of ratio analysis, percentage (common-size) analysis, vertical (common-size) analysis.
-
- Development of Accounting Standards
- Primary source of U.S. accounting standards, secondary sources of GAAP, development of accounting pronouncements, makeup of FASB, FASB procedures for promulgation of pronouncements, roles of FASB, GASB, APB and CAP, groups that influence accounting standards, purpose of IASB.
-
- SEC and Financial Disclosure
- SEC influence on standard setting, purpose of securities laws, SEC Form S-1, S-2 S-3, S-4 and S-8, Regulation S-X and S-K, Securities Act of 1933 and 1934, proxy statements, Form 8-K, SEC safe harbor rule, Form 10-Q, Form 10-K, purpose of independent auditors' report, red herring prospectus, shelf-registration, Summary of Significant Accounting Policies, related party disclosure, extraordinary items, remote loss contingencies, defined contribution pension plans, intangible assets, long-term obligations, financial instruments with credit risk.
-
- Characteristics of Evidence
- Collection and evaluation of evidential matter, sufficiency of evidential matter, competency of evidential matter, sources of evidence, examples of evidential matter, substantive tests, omitted and invalid transactions, tests of transactions and balances, omission of required substantive procedure, estimation of misstatement, substantive tests prior to balance sheet date, substantive tests at interim date, procedures between interim date and balance sheet date, primary means of obtaining litigation evidence, procedures prior to contacting client's lawyer, limitations on scope of lawyer's response, management's vs. auditor's responsibility pertaining to legal matters, two forms of confirmations, negative confirmations, evaluation of confirmation responses, alternate procedures when confirmations are unanswered.
-
- Reports on Financial Statements
- Modification of standard report, types of opinions relating to uncertainties, types of opinions if financial statements are not in conformity with GAAP or inadequate disclosure, format of a qualified opinion due to scope limitation or insufficiency of evidential matter, format of a qualified opinion due to a departure from GAAP, format of a qualified opinion due to inadequate disclosure, format of a disclaimer of an opinion, format of an adverse opinion, lack of consistency having a material effect on comparability of financial statements, circumstances when an auditor does not refer to consistent application of accounting principles, qualified opinion due to inadequate disclosure in the audit report, explanatory paragraph relating to supplementary information, objective of a compilation and review, appropriate review procedures, appropriate dates for compilation/review/audit report, levels of assurance relating to audit/review/compilation, items included in compilation report, items included in review report, four basic types of reports, types of opinions due to scope limitation, standard compilation report, standard review report, standards of reporting, opening paragraph of auditor's report, indication of division of responsibility, scope paragraph of auditor's report, opinion paragraph of auditor's report.
Save Money with our special offers and take advantage of a no-risk
proposition with our 100% Satisfaction Guarantee. The Tutorial Group
Flashcard Review System can save you hundreds of dollars off the cost of alternative
CMA exam review programs while providing one of the best investment you can
make in your future - a totally flexible and comprehensive CMA Exam Preparation.
|
