Integrated Reporting

Economic Value Added (EVA) or Economic Profit (Updated)

The purpose of this course is to enable users to become familiar with the concept of economic profit and how it differs from GAAP net income. This course also assists users in understanding how economic profit compares to other performance metrics such as discounted cash flow, return on investment, and market value added.

Learning Objectives:

  • Identify the differences between net income, earnings per share, and economic profit.
  • Identify related performance metrics associated with understanding economic profit.
  • Recognize the strengths and weaknesses of economic profit and how to apply it in a real-world scenario.


Prerequisites/Advanced Preparation:

None.


Speaker / Author:

John M. Fleming, licensed as a CPA in Pennsylvania, has served as the President and Director of Accounting and Auditing for Kaplan Financial Education, powered by Loscalzo Institute and also as the Director of Content Development for Kaplan Financial Education, powered by SmartPros. John retired from Kaplan in October of 2017. In retirement, John continues to provide seminars as a discussion leader for Kaplan Financial Education on a part-time basis.

John's prior practice experience includes audit, tax, consulting, office management, and human resource responsibilities with Deloitte LLP, Richard Eisner & Company LLP, and Ernst & Young LLP. John is a graduate of LaSalle and Drexel Universities with degrees in accounting and finance.

John served as the 1999/2000 President of the 8,300 member Greater Philadelphia Chapter of the Pennsylvania Institute of Certified Public Accountants (PICPA). In 2006, the PICPA recognized John as a Joseph E. Sterrett Fellow for his contributions to the accounting profession and in 2007, the Philadelphia Chapter recognized John with their Champion Award for his contributions to the PICPA, Chapter, profession and community. John has also served as the 2002/2003 President of the American Accounting Association's Mid-Atlantic Region.

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Price (USD)

Standard: $24.95

Details

Course Code : 99FLE26-V2

Release Date : 09/07/2021
Expire Date : 09/30/2023
Credits :
CPE 1.00
QAS 1.00

Course Level : Basic
Length : 50min
Course Type : QAS Self-Study

Passing Grade : 70%
Format Type : eLearning
Mobile Compatible
Field Of Study : Accounting
Theme : Integrated Reporting

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