Learn The Secrets Of Analyzing Business Financial Statements and Tax Returns!

This program teaches you how to analyze and interpret business financial statements and tax returns, including cash flow statements.

Generally speaking, this training program covers:

• Income Statement Analysis
  
• Balance Sheet Analysis
  
• Ratio Analysis
  
• Cash Flow Analysis
  
• The UCA Model
  
• Cash Budgets and Pro Forma Statements
  
• CRE Cash Flow and Cap Rates

What You'll Learn:This program covers the following areas:

• Income Statement Analysis
  • Explain the components of revenue and cost of goods sold
    
  • Describe operating expenses and net profit analysis
• Balance Sheet Analysis
  • Identify balance sheet considerations
    
  • Describe the different types of assets-current, other, and noncurrent
    
  • Explain the components involved in a liability and equity analysis
• Ratio Analysis
  • Describe the considerations a lender needs to take into account when using ratios to evaluate
    financial performance
    
  • Identify, calculate, and interpret liquidity, financial leverage, profitability, efficiency, and debt
    coverage ratios
    
  • Explain how to use industry data when performing a ratio analysis
• Cash Flow Analysis
  • Identify cash flow statements and reports
    
  • Describe the two dominant types of cash flow reports-indirect and direct method
    
  • Explain the direct method for operating activities and the importance of pro forma and cash budgets
• The UCA Model
  • Compare the formats of the banker-prepared UCA cash flow model and the accountant-prepared statement of cash flows (SCF)
    
  • Construct a UCA model and interpret the results
    
  • Explain the advantages of the UCA model
• Cash Budgets and Pro Forma Statements
  • Provide a description of a cash budget
    
  • Explain the purpose of a cash budget
    
  • Describe why a cash budget is a critical tool of financial statement analysis
    
  • Identify key financial information in the cash budget format
    
  • Analyze the cash budget to determine the effect on the operating cycle, working capital, and capital expenditures
• CRE Cash Flow and Cap Rates
  • Identify the components of CRE cash flow
    
  • Explain why two cash flow numbers may be appropriate to underwrite CRE loans
    
  • Describe the primary drivers of cap rates to estimate property values

You have six months to complete the course and gain your printable certificate. Course Length: 7 hours