Gain a better understanding of what a quality of earnings report means and who needs one.
This course will provide you with an understanding of the process of conducting a quality of earnings engagement and how to conduct this analysis. You will learn how to identify add-backs to earnings, explain financial trends and walk EBITDA forward. You will learn how to use techniques, including trend analysis, common-size analysis, and benchmark analysis, to measure the quality of earnings.
Learning Objectives
- You will be able to define working capital adjustments.
- You will be able to describe contents of a QOE Report.
- You will be able to explain normalization adjustments.
- You will be able to identify nonrecurring income or expenses.
Agenda
QOE Objectives
- Establish Normalized EBITDA
- Identify Non-Operating or Excess Assets
- Establish Net Working Capital Target
Contents of QOE Reports
- Cash Proof of Revenue
- Quality of Earnings Analysis
- Financial Statement Analysis
- Working Capital Analysis
QOE Analysis
- Identify Adjustments
- EBITDA Bridge
- Re-Casted Income Statement
Financial Statement Analysis
- Common Size Analysis
- Trend Analysis
- Variance Analysis
Working Capital Analysis
- Accounts Receivable Quality
- Inventory / Payables
- Establishing Working Capital PEG
Speakers
Michele Avery, CPA/ABV, MBA, CVA, MAFF
Carr, Riggs & Ingram, LLC
- Partner at Carr, Riggs & Ingram, LLC
- Practice is focused solely on business valuation, including transactions of business interests, litigation issues, and estate matters
- Regular speaker on business valuation and business transactions for CLE and CPE for attorneys and accountants
- Holds the American Institute of Certified Public Accountants’ Accredited in Business Valuation credential and the National Association of Certified Valuators and Analysts’ Certified Valuation Analyst credential
- M.B.A. degree, Louisiana State University; B.A. degree, University of Wisconsin - Superior
Who Should Attend
This live webinar is designed for accountants, CPAs, controllers, CFOs, tax managers, tax preparers, finance directors, presidents, vice presidents, estate and financial planners, and accounts payable professionals.
