Overview of Financial Statements
Overview of Financial Statements introduces students to small business financial statements. This course provides a solid foundation for understanding balance sheets, income statements, cash flow statements and tax return forms, and their typical uses in lending. Students will learn how each statement presents information about a business and contributes to meaningful conclusions about the health and stability of the business.
| Price | $130 Nonmembers / $95 Members |
| Course Credits | AIB: 0.25 ; ICB: 5.0 (CLBB, CTFA/PFI) |
| Prerequisites | None, although familiarity with general banking practices, especially in lending functions, is recommended |
| Required Software | None |
| Optional Software | Adobe Acrobat Reader and RealPlayer |
Audience
Bank personnel who are involved in any aspect of the small business lending process but who have little experience with financial statements.
Learning Objectives
After completing this course, students will be able to:
- Describe the type of financial information used by lenders and how it is prepared
- Define the purpose of the balance sheet, income statement and cash flow statement
- Explain how tax return forms provide important financial information
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.