GSB – Advanced Financial Statement Analysis
The session will begin with analyzing the four financial statements — Income Statement, Statement of Retained Earnings, Balance Sheet, and Statement of Cash Flows. This will include revenue and expense recognition, FIFO, LIFO, and average inventory costing models, operating expenses (repairs) versus improvements, depreciation including straight-line, units-of-production, and double-declining balance, amortization, and depletion.
The seminar will also explore accounts receivable assessment, allowance for doubtful accounts, intangible assets, accounts payable assessment, capital and operating leases, and analysis of the equity section of the Balance Sheet including partners’ capital accounts, common and preferred stock, treasury stock, stock splits, and retained earnings.
Additionally, the types or levels of financial statements will be highlighted including company-prepared, compiled, reviewed, and audit. The audited financial statements will include unqualified, qualified, adverse, and disclaimer.
The participant will then be introduced to a five-part financial statement analysis model which will include the liquidity, activity, leverage, operating performance, and cash flow.
Additionally, the related topics of the Z-Score (bankruptcy predictor) and the sustainable growth models will be reviewed.
- Analyze the four financial statements including Income Statement, Statement of Retained Earnings, Balance Sheet, and Statement of Cash Flows
- Explore income statement issues including revenue recognition, inventory costing, and depreciation
- Cover Balance Sheet accounts including accounts receivable, allowance for doubtful accounts, accounts payable, and the equity section
- Review the levels of financial statement reporting including company-prepared, compiled, reviewed, and audit
- Analyze a “five-part” analysis model including liquidity, activity, leverage, operating performance, and cash flow
- Analyze the EBITDA, personal (business owner), global, and sensitivity cash flow analyses
- Discuss the Z-score (bankruptcy predictor) and sustainable growths models
- Summarize the seminar concepts through case studies
Target Audience: Commercial lenders, commercial relationship managers, credit analysts, loan administrators
David Osburn, Osburn & Associates, LLC
Live presentation $330
Recording available through February 8, 2023