This training program will guide those who need to have a basic understanding of financial statements and want to learn how to identify trends or know how to spot red flags. Apart from human resources, marketing, production, or any other non-finance related roles, the course will also benefit relatively new loan officers or credit analysts with a bank or credit union.
It is also ideal for loan officers or credit analysts at banks or credit unions who must evaluate the financial statements of borrowers to determine if they should be approved for loan request or maybe experiencing financial difficulties and therefore, the loan officer/credit analyst should recommend that the bank/credit union take appropriate corrective action to prevent the bank/credit union from incurring a loss.
Why Should You Attend:
This webinar is designed for anyone who sits on the board of directors and senior management team of a company but has minimal experience or training on accounting or finance matters.It is also ideal for loan officers or credit analysts at banks or credit unions who must evaluate the financial statements of borrowers to determine if they should be approved for loan request or maybe experiencing financial difficulties and therefore, the loan officer/credit analyst should recommend that the bank/credit union take appropriate corrective action to prevent the bank/credit union from incurring a loss.
Areas Covered in the Webinar:
- The different types of financial statements and what their intended purpose is.
- How to identify key operating trends and prepare financial ratios on a company’s financial statements.
- The importance of reading the footnotes that accompany financial statements and provide an understanding of how these footnotes often hide important messages.
- Understand how the use of different accounting principles can influence the results reported by a company.
- How to convert a company’s reported net earnings or loss to cash flows to determine if a company is able to repay its debt obligations and or is generating positive or negative cash flows from the business.
- How loan officers evaluate a company’s financial statements when determining whether to approve a loan request.
- The different types of reports issued by CPAs and the level of reliance you can place on each.
- How to use graphs and peer group data to enhance your understanding of a company’s financial performance.
Who Will Benefit:
- Directors and board members
- Attorneys involved in financial litigation
- Insurance claims adjusters
- Internal auditors
- External auditors
- Government (state and local) financial investigators
- Lending officers
- Financial institution compliance personnel
- Credit and collection department personnel
- Merger and acquisition personnel
- Investors and their brokers, money managers, etc.
Course Provider
Toby Lawrence,
