Accounting for Principles for Lenders Webinar
This webinar will introduce the flow of accounting – from identifying economic occurrences and how they are reported in financial statements. Learn how the Balance Sheet, Income Statement, Reconciliation of Net Worth, and Cash Flow Statement are developed and connected to each other. (see complete description below).
Webinar Description and Audience
This webinar will introduce the flow of accounting – from identifying economic occurrences and how they are reported in financial statements. Learn how the Balance Sheet, Income Statement, Reconciliation of Net Worth, and Cash Flow Statement are developed and connected to each other.
The presenter is a former professional banker; therefore the approach to the credit analysis process will be from a banker’s perspective. Case studies will be used to reinforce concepts.
•Underlying Assumptions Used by Accountants
•Rules of Debits and Credits
•Construction of the Balance Sheet, Income Statement, Reconciliation of Net Worth and the Statement of Cash Flow
•Difference between Accrual and Cash Basis Accounting
•Analysis of Accounts often used as Collateral such as:
◦Accounts Receivable (Aging Schedules, Allowance Calculations, etc)
◦Inventory (Effect of LIFO, FIFO and Average Cost Costing Methods)
◦Fixed Assets (Effect of varying Depreciation Methods)
•Analysis of the Notes to the Financial Statements
•Types of Financial Statements and meaning of CPA’ Opinions
Leave with a firm understanding of:
•How financial statements are constructed
•How the financial statements are connected
•The accounting used for major collateral accounts
•How to apply the concepts to credit analysis
Who Should Attend?
Commercial Lenders, Consumer Lenders, Branch Managers, Credit Analysts, Loan Review Officers, Credit Officers and Directors requiring a better understanding of financial statements
Webinar Viewing Options
INCLUDES SEVEN DAYS OF ONDEMAND PLAYBACK! With this option, you will participate in the webinar (via the internet) as it is being presented. You will login to the webinar on your PC to view the PowerPoint presentation, and you have the option of using your PC speakers or a telephone for the audio. Participants can type and send their questions to the instructor. Many companies are now running their PC through an LCD projector allowing many employees to participate in the same room.
SIX MONTH ONDEMAND VIDEO RECORDING:
With this option, you will receive an e-mail that contains a link to the PowerPoint slides (to download, print, and copy) as well as a link to the media player where you will view and hear the entire webinar just as it was delivered, featuring the full-color PowerPoint presentation with audio. You can pause, fast-forward and rewind as needed, which makes it an effective training tool. The weblink will be available to you (and anyone else in the company) for up to six months and can be accessed 24/7 as many times as you wish. Delivered via e-mail the day after the webinar takes place.
CD-ROM VIDEO RECORDING:
If you do not have internet access or want to make the webinar part of your training library, the CD-ROM Recording is a great option for viewing a webinar. You can pause, fast-forward and rewind as needed, which makes it an effective training tool. With this option, you will receive a download of the PowerPoint slides and a CD-ROM Recording (featuring PowerPoint presentation with audio) of the webinar via regular mail. Mailed 7 to 10 days after the webinar takes place.
Webinars can be scheduled and offered exclusively for your company. They can even be customized to best fit your needs. To find out more, please complete the in-house request form found in the Schedule and Registration Information section below.
Continuing Education (CE) Credits
This webinar is recommended for 2.5 CE Credit Hours. Each attendee will receive a Certificate of Attendance for self-reporting of CE Credits.