Level 1: Understanding Business Borrowers

Level 1: Understanding Business Borrowers Curriculum

SELF-PACED ONLINE COURSE: ABA ELEARNING
Price: $150 Members; $200 Non-Members 

Member Online Enrollment | Non-Member Online Enrollment
Course Description: Level 1: Understanding Business Borrowers focuses on understanding business industries and types, plus why they borrow money. It also introduces basic concepts of business financial accounting and entity structures.
The courses included in the Level 1: Understanding Business Borrowers Curriculum and their objectives are listed below:
Business Sectors and Operating Cycles
  • Explain the operating cycles of various business industries
  • Analyze the financial data and evaluate the risks of the different industries
Why Businesses Borrow
  • Explain how a firm’s cash flow cycle can affect debt requirements and repayment sources
  • Identify the reasons businesses need to borrow
  • Identify the various borrowing arrangements used to structure a business loan
  • Describe the way alternative lending sources compete with or complement community banks
Business Legal Structures and Life Cycles
  • Define the basic types of legal structures available to a business
  • Describe the general characteristics of the four stages in the business life cycles
Introduction to Business Financial Statements
  • Describe the financial statement analysis process
  • Describe basic guidelines for preparing a spreadsheet and analyzing the data
  • Identify and evaluate a borrower’s financial strengths, weaknesses, and uncertainties
  • Explain the different types of financial statement preparation
  • Describe the other components associated with financial analysis
How Business Financial Statements are Constructed (Accounting Refresher)
  • Compare and contrast the cash method and accrual method of accounting
  • Construct a balance sheet and income statement on the accrual basis for an example business
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