Start Date: 7/6/2023 1:00 PM MDT
End Date: 7/6/2023 2:30 PM MDT
Location:
United States
Understanding accounting fundamentals is essential to sound credit analysis. Accounting is the language employed to communicate financial information. It is the process of identifying and measuring economic events, then classifying, recording, and summarizing the measurements and reporting the information to permit judgments and decisions by the users. Lenders rely on this accountant-prepared information to make such decisions.
The purpose of this course is to enable lenders to judge the quality of the financial statement and to demonstrate how the balance sheet, income statement, and reconciliation of net worth and cash flow statement are developed and connected. The program will be presented from a lender’s perspective and will focus on the issues most relevant to commercial lenders, consumer lenders, and credit analysts.