This training program teaches you how to review and analyze personal financial statements and tax returns, the analysis of key ratios and adjusted net worth, and the importance of combining business and personal cash flow into a global analysis.

Key topic areas include:

• Types of Personal Financial Statements
  
• Key Ratios and Adjusted Net Worth
  
• Personal Tax Returns and Cash Flow
  
• Combining Business and Personal cash Flow into Global Cash Flow

What You'll Learn:After completing this training program, students will be able to:

• Types of Personal Financial Statements
  • Describe the basic formats for personal financial statements
    
  • Identify the information that is reviewed and verified prior to analyzing the personal
    financial statement
• Key Ratios and Adjusted Net Worth
  • Calculate and interpret the liquidity ratio, unsecured debt ratio, and debt-to-income (DTI) ratio
    
  • Perform an analysis using ratios to determine a personal financial condition
    
  • Describe the components of adjusted net worth
    
  • Use adjusted net worth to perform an analysis of key personal asset and liability accounts
• Personal Tax Returns and Cash Flow
  • Describe the key components of a personal tax return
    
  • Use tax return information to develop a personal cash flow
• Combining Business and Personal cash Flow into Global Cash Flow
  • Explain why global cash flow is critical when making credit decisions
    
  • Develop a global cash flow and global DSC for a borrower

You have 6 months to complete the course and gain your printable certificate. Course Length: 6 hours