Analyzing Business Financial Statements and Tax Returns
ABA SELF-PACED ONLINE TRAINING
An analysis of business financial statements and tax returns, including cash flow statements.
Learning Objectives:
- Income Statement Analysis
- Explain the components of revenue and cost of goods sold
- Describe operating expenses and net profit analysis
- Balance Sheet Analysis
- Identify balance sheet considerations
- Describe the different types of assets—current, other, and noncurrent
- Explain the components involved in a liability and equity analysis
- Ratio Analysis
- Describe the considerations a lender needs to take into account when using ratios to evaluate financial performance
- Identify, calculate, and interpret liquidity, financial leverage, profitability, efficiency, and debt coverage ratios
- Explain how to use industry data when performing a ratio analysis
- Cash Flow Analysis
- Identify cash flow statements and reports
- Describe the two dominant types of cash flow reports—indirect and direct method
- Explain the direct method for operating activities and the importance of pro forma and cash budgets
- The UCA Model
- Compare the formats of the banker-prepared UCA cash flow model and the accountant-prepared statement of cash flows (SCF)
- Construct a UCA model and interpret the results
- Explain the advantages of the UCA model
- Cash Budgets and Pro Forma Statements
- Provide a description of a cash budget
- Explain the purpose of a cash budget
- Describe why a cash budget is a critical tool of financial statement analysis
- Identify key financial information in the cash budget format
- Analyze the cash budget to determine the effect on the operating cycle, working capital, and capital expenditures
Related Training: Certificate in Business and Commercial Lending
ABA Certifications: 8.0 CLBB
The New York Bankers Association is a Local ABA Training Provider.
Questions: NYBA Professional Development at
(212) 297-1679 or
[email protected].