Basic Financial Statements

When:  Jun 24, 2019 from 08:30 AM to 04:00 PM (CT)
Associated with  Wisconsin
BASIC FINANCIAL STATEMENTS
At some point in their careers, bankers who want to develop their lending ability recognize a need to acquire or improve their Financial Statement Analysis skills. Unfortunately, too often the fundamentals of these critical skills are learned on the job in an uncoordinated and inconsistent manner.  The result can be that financial statements continue to look to the analyst like a confusing mass of numbers.
In this Seminar, the following basic financial statement analysis areas will be covered in a cohesive and focused manner:
  • The balance sheet equation
  • Understanding the format and structure of the balance sheet
  • Understanding the Account Titles
  • Structure of the income statement
  • Relationship between the balance sheet and the income statement
  • What to look for in the typical financial statement
  • Potential signs of financial problems
  • Brief Introduction to ratios and cash flow
  • The course is taught with a unique approach that avoids focusing on numbers. It is designed to build skills quickly and provide a sound basis for financial statement analysis.
Purpose
  • Financial statements are a summary report of the economic activities of a business
  • Financial Statement Analysis is the evaluation of these financial statements
  • Only by proper evaluation can a lender indentify financial strengths and weakness
  • Determining borrowing purpose is a function of financial statement analysis
  • Understanding the true meaning of financial ratios and what they don’t tell you
  • Introduction to cash flow methods and what works
  • What is the structure of financial statements and why
  • What are the key items to look at on the balance sheet and P&L
  • Quality of financial informationKey issues related to asset quality
  • Understanding the liability section of the balance sheet
  • Using financial statements to identify borrowing purpose
  • Effectively using ratios and cash flow
  • How debt service coverage ratio can greatly mislead you
  • Identifying financial strengths and weakness
Who should attend:
  • Bankers new to the lending function
  • Credit analysts, particularly those with limited experience
  • Branch managers charged with commercial lending
  • Bankers new to the loan review or audit function
  • Committee members who do not have financial statement experience
  • Anyone in the bank who wants or needs to develop financial statement understanding
  • No accounting training or background is required for this course
Location
State Bank of Cross Plains
455 S. Junction Road
Lower Training Room
Madison, WI 53719
June 24, 2019
8:30 a.m. Registration
9:00 a.m. Program Begins
Noon-1:00 p.m. Lunch Provided
4:00 p.m. Program Ends
Cost:
$250 - RMA Wis. Chapter Supporter
$300 - National RMA Member
$350 - Non-Member
RMA Wisconsin Chapter
E4203 Horseshoe Road
Spring Green, WI 53588
608-588-3100

Location

State Bank of Cross Plains
455 South Junction Road
Lower Level Training Room
Madison, WI 53719

Contact

Sandy Gruber
(608) 588-3100
sandy@rmawi.org