New Tool Explains Complex Financial Statements For Potential Investors

Developed by Sageworks, EquityCents provides real-time, objective analyses of public company financials to evaluate prospective investments. Its primary customers are individual investors, investment institutions and media outlets. EquityCents is a sister application to Sageworks' already popular ProfitCents, a system being used by CPA firms and financial professionals.

Built upon Sageworks' patent-pending FIND(tm) technology, EquityCents an artificial intelligence application that provides financial due diligence by analyzing and interpreting companies' income statements and balance sheets. The end result is an easily interpreted, objective narrative report that tell the real story behind companies' financial performance.

"We call EquityCents the world's first 'Wall Street Analyst in a Box' because today's investor must understand the ins and outs of financial information and company performance before attempting to make an investment decision," says Chairman and CEO Brian Hamilton. "Sageworks' Web-based solutions are designed to provide an unbiased method to looking at a company's financial scenario without being influenced by the company's own interpretation - a real boon to today's investor."

You may like these other stories...

A proposal issued by the Governmental Accounting Standards Board (GASB) last week explains how fair value measurement should be defined for state and local government financial reporting.The exposure draft, Fair Value...
By Jason Bramwell The board of trustees of the Financial Accounting Foundation (FAF) finalized a new policy on November 19 that provides the Governmental Accounting Standards Board (GASB) with direction on what...
By Jason Bramwell The Governmental Accounting Standards Board (GASB) is now offering a free online toolkit designed to assist preparers and auditors of state and local government pension plans with implementing new...

Upcoming CPE Webinars

Jul 31
In this session Excel expert David Ringstrom helps beginners get up to speed in Microsoft Excel. However, even experienced Excel users will learn some new tricks, particularly when David discusses under-utilized aspects of Excel.
Aug 5
This webcast will focus on accounting and disclosure policies for various types of consolidations and business combinations.
Aug 20
In this session we'll review best practices for how to generate interest in your firm’s services.
Aug 21
Meet budgets and client expectations using project management skills geared toward the unique challenges faced by CPAs. Kristen Rampe will share how knowing the keys to structuring and executing a successful project can make the difference between success and repeated failures.