Gain an understanding on the fundamentals of how to prepare an income statement analysis for bankers and financial professionals.Understanding financial statements is paramount to all banking professionals involved in performing credit and cash flow analysis on prospects and existing borrowing customers. This essentially includes all personnel in the Credit Administration Department of financial institutions. This information is intended to introduce and strengthen the knowledge and importance of understanding the financial statements with an emphasis on the Income Statement. We will start by defining the purpose of the Income Statement and will proceed to review each account common to most statements so that you can have a deeper understanding of each their meaning. We will also demonstrate the relationship between the Income Statement and the Balance Sheet and how the Income Statement affects the creation of accounts on the Balance Sheet. This understanding will enhance a banker’s ability to interpret the results of ratio analysis and detailed cash flow analysis.
Date: 2017-11-20 at –
Credits: CLE (Please check the Detailed Credit Information page for states that have already been approved) ,CPE ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.