Presenter: David Osburn, Osburn & Associates, LLC
This 90-minute program will be presented live on: November 8 – 2:00-3:30 p.m. Central Time
Recording available through: February 8, 2023
Attend this proactive seminar and learn a comprehensive approach to 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.
The Cash Flow section will include the business traditional EBITDA cash flow and personal cash flow of the business owner (using the 1040 tax return, including tax schedules and K-1s, and the personal financial statement). Additionally, the global cash flow or combined business & personal cash flow model will be displayed along with sensitivity cash flow analysis.
Additionally, the related topics of the Z-Score (bankruptcy predictor) and the sustainable growth models will be reviewed.
Two case studies will be used to illustrate the five-part analysis model and the correct interpretation of the financial statements.
Target Audience: Commercial lenders, commercial relationship managers, credit analysts, loan administrators