Video

  • 23 minutes

Financial Statement Analysis

 
The real fun begins when you review the numbers and reveal the story that they tell. Different methods exist to analyze the balance sheet, income statement and cash flow statement. The approach that you take will depend on what information is available, your personal preference, and particularly what challenges does your business face? Financial statement analysis is not a complicated concept however common sense is not as easy as it sounds.

In this 22-minute video our speaker, Stephen Doneson, CPA, reviews how to apply common sense ways to look at figures, statistics, relationships, results and performance. Analytical methods are ways in which we use different techniques to measure or evaluate and communicate results in a way that is understandable. They assist the reader of the financial statements to obtain an overall review of the current financial information. Mr. Doneson also discusses ratio analysis including the power and pitfalls of using this type of analysis.

Stephen Doneson, CPA is an audit senior at EisnerAmper LLP with more than four years of experience. He focuses on financial statement audits for public and private companies and the audits of employee benefit plans. Mr. Doneson’s industry experience includes manufacturing and distribution, technology, restaurant, and insurance.
Runtime: 23 minutes

Agenda

Faculty

Stephen Doneson, CPA

Stephen Doneson, CPA

EisnerAmper LLP

  • Audit manager at EisnerAmper LLP with more than five years of experience
  • Focuses on financial statement audits for public and private companies and the audits of employee benefit plans
  • Industry experience includes manufacturing and distribution, technology, restaurant, and insurance
  • Member of the American Institute of Certified Public Accountants (AICPA) and the Pennsylvania Institute of Certified Public Accountants (PICPA)
  • B.B.A. degree in accounting, Temple University

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