Analyzing Financial Statements

Analyzing Financial Statements

16-WEEK INSTRUCTOR-LED ONLINE COURSE

Course Description:  Analyzing Financial Statements is a practical introduction to financial analysis from the viewpoint of the commercial loan officer. This program gives you the skills you need to effectively assess a borrower’s ability to repay loans.
Price
$550 NBA or ABA Members/$675 Non-Members with eBook only
$575 NBA or ABA Members/$700 Non-Members with eBook and printed text
A shipping/handling fee and sales tax are added to ABA Online Courses with textbooks.
Length
16 Weeks
Course Credits
ICB: 45 CLBB; ACE: See below
Prerequisites
Required Software
Textbook
Analyzing Financial Statements: A Decision Tree Approach, Part 1, 8th Edition, ABA, 2013    Course fee includes textbook.
Other Delivery Options:
Classroom Training – Textbooks Purchase textbooks for in-bank or classroom training.  Call 212-297-1679 to discuss earning ABA credit for in-bank courses.
Audience:  Commercial and/or business bankers and credit analysts.  
Synopsis:  This ABA course focuses on understanding business industries and types, plus why they borrow money.  It also introduces basic concepts of business financial accounting and entity structures and explains the analysis of business financial statements and tax returns, including cash flow statements.  Finally, the course discusses personal financial statements and tax returns, as well as combining business and personal cash flows into a global analysis.
 Learning Objectives:  After completing this course, you will be able to:
  • Explain the operating cycles of various business industries
  • Analyze the financial data and evaluate the risks of the different industries
  • Define the basic types of legal structures available to a business
  • Describe the general characteristics of the four stages in the business life cycles
  • Explain the different types of financial statement preparation
  • Describe operating expenses and net profit analysis
  • Identify balance sheet considerations
  • Describe the considerations a lender needs to take into account when using ratios to evaluate financial performance
  • Explain how to use industry data when performing a ratio analysis
  • Identify cash flow statements and reports
  • Compare the formats of the banker-prepared UCA cash flow model and the accountant-prepared statement of cash flows (SCF)
  • Describe why a cash budget is a critical tool of financial statement analysis
  • Describe the basic formats for personal financial statements
  • Identify the information that is reviewed and verified prior to analyzing the personal financial statement
  • Calculate and interpret the liquidity ratio, unsecured debt ratio, and debt-to-income (DTI) ratio
  • Use tax return information to develop a personal cash flow
  • Develop a global cash flow and global DSC for a borrower
ACE College Credit Recommendation: In the lower division baccalaureate/associate degree category, 3 semester hours in Finance or Accounting.
Proctored Examination Required
This course requires proctored exams. You will need to identify a person from your institution who will proctor your exams during business hours, Monday – Friday between 9 a.m. and 5 p.m., Eastern USA Time. This person should be your Human Resources Training Manager, supervisor, or someone from the management team of your organization. Make sure to arrange your proctor well in advance of your exam date.
If you do not work with an institution, you will need to contact a university/college, library, or a testing center to request they proctor your exam. You will be asked to provide the telephone number of your proctor in case we need to reach that person for verification. A relative or friend cannot proctor an exam. All parties must abide by the ABA exam policy. There are no exceptions.​​​​​​​​​​
The Nebraska Bankers Association is a Local ABA Training Provider.
For More Information Contact:

Joanne Smith
Education and Member Information Coordinator

Nebraska Bankers Association / 233 South 13th Street, Suite 700 / PO Box 80008 / Lincoln, NE 68501-0008