AIB Analyzing Financial Statements
Course Code: 6920
Length: 16 Weeks
Audience: This course is designed for Commercial loan officers, credit analysts, and trainees who have a basic knowledge of accounting principles and practices, and a familiarity with the commercial lending process.
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 the borrower's ability to repay loans.
Objectives: After successfully completing this program, you will be able to:
- Relate how a company's type of business, legal structure, size, and management strategies affect the way a lender conducts financial analysis
- Analyze income statements, balance sheets, and pro forma statements
- Calculate key financial ratios and use them to compare a company's performance with that of the company's industry
- Use advanced analytical techniques: sensitivity analysis, sustainable growth, working investment analysis, break-even analysis, and operating leverage
- Determine when a funds flow statement is required
- Construct and analyze long-run, multiple-year forecasts of income statements and balance sheets
- Construct and interpret a cash budget
Text Book: Analyzing Financial Statements, 7th edition, American Bankers Association, 2007
Recommended Course Credits: AIB: 3.0
ACE College Credit Recommendation: In the lower division baccalaureate/associate degree category, 3 semester hours in Finance or Accounting
Prerequisites: General Accounting or Financial Accounting
Enrollment: To enroll in this course, please click on the link below for the registration form. Print and complete the form and submit it to your supervisor for approval. Then submit the approved form to your human resources department for processing.