Available in:

OnDemand Course
MP3 Download

Best Practices for Analyzing and Reporting on Business Data

Gain the expertise to distinguish between the reporting of data and the analysis essential for developing impactful business strategies.

In today's business environment, there is a tremendous emphasis on understanding which metrics will help drive business performance. This is all derived from business data. The key for us in our role as advisors is to identify which data will be useful to us. Attending this presentation will give you the understanding to differentiate between simply reporting data versus analyzing data to help develop strategies critical to your organization's success. We will define what is data, what the distinct types of data analysis and when each is valued as well and the benefits. An attendee will also be informed on the differences between true analysis and simply reporting data. Attendees will know what data reporting is as we walk through some examples of reports you can use in your business to help with your initiatives. This is imperative for all businesses as they look to grow shareholder value. The reporting and the analysis are key to growing shareholder value. As we discuss the relevance of the volumes of streams of data, you will understand how key metrics are developed which leads to improving operations. We will examine a variety of key ratios and how to analyze them for business improvement in several areas. On completion of the presentation, we feel one should be confident in their action plans and practice habits to identify the right data to help an organization have sustained success.

66 minutes
Course Exam
Certificate of Completion
Purchase Options

Add to Wishlist

More Program Information

Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

Best in Class

Why Data Analysis Important

Vital Business Objectives

What Is Data?

Benefits of Data Analysis

Types of Data Analysis

Differences Between Analysis and Reporting

What Is Data Reporting

Why Is Data Reporting Important

Types of Data Reports

How to Write a Data Report

Benefits of Bi Data Reporting

Liquidity Ratios

Profitability Ratios

Leverage Ratios

Efficiency Ratios

Productivity Ratios

Strategic Profit Model

Break-Even

Industry Data

Case Study

Purchase Options

Add to Wishlist

More Program Information

Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Course

This course was last revised on December 12, 2023.

Call 1-866-352-9540 for further credit information.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

MP3 Download

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

Purchase Options

Add to Wishlist

More Program Information

Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Theran J. Welsh, CPA

Theran J. Welsh, CPA

Playmaker, LLC

  • Playmaker, LLC
  • Focus is on helping contractors create shareholder value by understanding their cost structure to bid and win profitable work and ensure their tax structure is a model to support a sustainable organization
  • He spends time with contractors to identify options for revenue reporting to reduce tax liability and identify industry-specific tax strategies to reduce tax liability, with the end goal of creating shareholder value
  • His experience will help executives of construction companies identify the key performance measurements to pursue profitable work to sustain their organization
Purchase Options

Add to Wishlist

More Program Information

Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

All of your training, right here at Lorman

All of your training, right here at Lorman.

Pay once and get a full year of unlimited training in any format, any time!

  • OnDemand Courses
  • Live Webinars
  • MP3 Downloads
  • Course Manuals
  • Executive Reports
  • White Papers and Articles

Additional benefits include:

  • State Specific Credit Tracker
  • All-Access Pass Course Concierge

Questions? Call 877-296-2169 to speak with a real person.

Sign Up Today
With This Course

Access to all training products for one year
$699/year

Unlimited Lorman Training

With the All-Access Pass there is no guessing what you will need for your yearly training budget. $699 will cover all of your training needs for an entire year!

Easy Registrations

Once you purchase your All-Access Pass you will never be any further than one-click away from attending any Lorman training course.

Invest in Yourself

You haven't gotten to where you are professionally by luck alone; it's taken a lot of hard work and training. Invest in yourself with the All-Access Pass.

Product ID: 410850
Published 2023
Purchase Options

Available in Multiple Formats

Purchase this course and learn on your schedule!