Haig's Business Finanical Health Checkup

Overview

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This course fills an important need for both financial managers and accountants in the practice of public accounting by offering the tools to help ensure the future success of a business. Obtain practical guidance for the effective use of benchmarking and analytical procedures.

Highlights

The importance of managing the “control environment” of an entity to be successful and determining the state of the “control environment” of an entity • How to create “goal” statements that achieve results • How to use analytical procedures to identify misstatements in financial information • How to use analytical procedures as a management tool to identify areas hindering the profitability of the entity • Techniques for developing a “workable” business plan • Recasting GAAP financial statements into powerful management tools • Developing and using benchmarks • Identifying profitability key factors • The relationship of internal controls and the health of an entity plus common weaknesses in internal controls using the guidelines in the COSO Report on Internal Controls and common internal controls to address those weaknesses.

Prerequisites

None

Designed For

Practitioners who have the responsibility of analyzing the financial condition and organizational health of closely held companies

Objectives

To offer the tools to help ensure the future success of a business

Preparation

None

Notice

VSCPA