This training program will provide the banker with an effective overview of the basics/refresher of accounting. With the tools reviewed in this webinar, the often complex world of accounting will be presented in a straight-forward and useful manner. This is a must for all bankers looking to improve their knowledge of the vital discipline of accounting.
The webinar will also cover the ten-step accounting cycle leading up to the creation of the financial statements including the rules of debits and credits, accrual versus cash basis accounting, adjusting entries, accounting for inventory and receivables, long-term liabilities and depreciation, proper analysis of the notes to the financial statements, types of financial statements, and the CPA opinion.
Finally, the webinar will include several hands-on examples to reinforce these accounting concepts.
Why Should You Attend:
This webinar will provide the banker with the basics/refresher of accounting. The webinar will demonstrate how the income statement, statement of owner’s equity, balance sheet, and statement of cash flows are developed and connect to each other.The webinar will also cover the ten-step accounting cycle leading up to the creation of the financial statements including the rules of debits and credits, accrual versus cash basis accounting, adjusting entries, accounting for inventory and receivables, long-term liabilities and depreciation, proper analysis of the notes to the financial statements, types of financial statements, and the CPA opinion.
Finally, the webinar will include several hands-on examples to reinforce these accounting concepts.
Areas Covered in the Webinar:
- The four financial statements - income statement, statement of owner’s equity, balance sheet, and statement of cash flows
- The ten-step accounting cycle (business transactions to the post-closing trial balance)
- Rules of debits and credits
- Accrual versus cash basis accounting
- Adjusting entries
- Accounting for inventory and receivables
- Long-term liabilities and depreciation
- Analysis of the notes to the financial statements
- Types of financial statements and the CPA opinion
- Examples to reinforce accounting concepts
Who Will Benefit:
- Business Owners
- Commercial Lenders
- Credit Analysts
- Loan Documentation Specialists
- Branch Managers
- Private Bankers
- Business Development Officers
- Compliance Managers & Officers
- Risk Managers and Officers
- Controllers
- Presidents/Vice Presidents
- Managers/Supervisors
- Sales Representatives
- Marketing Personnel
- Retail Businesses Owners
- Maintenance and Security Employees
- Stock Room Personnel
- Business Vendors
Speaker
David L OsburnCourse Provider
David L Osburn,
