ACCOUNTING PRINCIPLES FOR LENDERS
The purpose of this course is to expose the participant to the flow of accounting from identifying economic events and how they are reported in financial statements. Another purpose is to demonstrate how the Balance Sheet, Income Statement, Reconciliation of Net Worth and Cash Flow Statement are developed and connected to each other. The instructor is a banker; therefore, the approach to the credit analysis process will be from a banker’s perspective. Case studies will be used to reinforce concepts presented. Specifically, the course will cover:, 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, Detail Analysis of Accounts Receivable, Inventory and Fixed Assets, Analysis of the Notes to the Financial Statements and Analysis of Types of Financial Statements and meaning of CPA’ Opinions
"Jeffery did a fantastic job all week keeping us engaged in the material and involved. He was a fantastic coordinator & lead professor"
Cliff Knowlton, Prime South
"WONDERFUL!! Great Instructor, great information. Will definitely attend more of Jeffery's classes".
Ansley Oliver, Georgia Commerce Bank