Accounting Principles for Lenders
Understanding accounting fundamentals is essential to sound analysis of financial statements and credit. Learn about the flow of accounting from identifying economic events and how they're reported in financial statements.
See how the Balance Sheet, Income Statement, Reconciliation of Net Worth, and Cash Flow Statement are developed and connected to each other. We'll approach the credit analysis process from a banker's perspective, using case studies.Covered Topics:
- 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 Notes to Financial Statements
- Types of Financial Statements and meaning of CPA Opinions
After completing this course, you'll understand:
- How financial statements are constructed
- How financial statements are connected
- 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.The Presenter
Jeffery W. Johnson started his career with SunTrust Bank in Atlanta as a Management Trainee and progressed to Vice President and Senior Lender of SouthTrust Bank and Senior Vice President and Commercial Banking Division Manager for Citizens Trust Bank of Atlanta.
Mr. Johnson is now a training professional in the financial industry by leading various seminars covering important topics relating to issues in financial institutions. He teaches actively for fifteen state banking associations in the United States, Risk Management Association (RMA) and individual financial institutions nationwide. He co-authored a training course entitled "Lending to Service and Other Professional Organizations" for RMA in 2001.
Mr. Johnson earned a B.A. Degree in Accounting from Morehouse College in Atlanta; a MBA in Finance from John Carroll University in University Heights, Ohio; Banking diploma from Prochnow School of Banking at the University of Wisconsin and a Graduate Certificate in Bank Management from the Wharton School of Business at the University of Pennsylvania.
|Licenses / Designations / Educational Credits:||CEU|
All US States: 2.5
All Canadian Provinces: 2.5
|About The Provider:
||Since 1983 Total Training Solutions has produced dozens of videotapes, CD-Roms, DVD's and web-based training modules. In addition to off-the-shelf products, Total Training Solutions also develops custom training products and consults with financial institutions to develop their own training curriculum.
For timely delivery of training topics, webinars or web conferencing is an unbeatable option. We now offer over 100 live programs per year and you can even purchase the recorded or ondemand session if you are unable to attend the live program.
We have worked exclusively with the financial industry since our founding. Because of this, we understand the needs of training departments in financial institutions and are alert to changes which affect the industry.
Attend the live session with the opportunity to ask questions to the presenter. You also receive a link to the handouts. All registrations for a live event will be given access to the OnDemand recording, at no additional cost, for seven days following the event. This will allow a flexible alternative when last minute conflicts intrude on scheduled events.
CD-Rom includes audio and video of recorded webinar plus hard copy handouts. You will also receive 6 months access to the OnDemand weblink as an added free bonus.
Includes a weblink for unlimited viewing for 6 months after the date of the webinar as well as a link to handouts.
Live + Recorded:
Includes all three options above. Live session, OnDemand Weblink, and CD-Rom plus Hardcopy Handouts.
Live + OnDemand:
Includes two of the options above. Live session and 6 months access to OnDemand Weblink plus link to handouts.
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|Accounting Principles for Lenders||CD/On-Demand||$295.00||
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