OVERVIEW
This Module presents accounting from the lender’s point of view, and empowers participants with the skills needed to extract critical information from financial statements that informs risk analysis and lending decisions. Participants will reinforce and practice skills and concepts through case studies and discussion.
RESULTS & BUSINESS BENEFITS
- Identify the components of a complete set of financial statements and the links between them
- Understand accounting rules to identify risk in financial statements
- Assess the appropriateness of the accounting rules applied in financial statements
- Convert accrual basis financial statement data into information that can be used to determine debt service capacity
WHO SHOULD ATTEND
All staff who need an understanding of how to evaluate business financial statements, including
- commercial lenders,
- small business lenders, and credit analysts