Banks and Credit Unions
Analyzing Financial Statements
You will learn all about how to start the analysis process, how the FASB and SEC operate together and where you can find audited financial statements and how to retrieve them. We will cover auditor’s opinions and what they mean. We will discuss the objectives of analysis management, learn tools and techniques such as common sizing financial statements and trend analysis. We will cover the five categories of..
EFT Act and Regulations E in 2023
We will explore all aspects of regulation E, plus discuss how this rule impacts your day-to-day responsibilities. You will learn how to comply with the Electronic Fund Transfers Act In 2022.This webinar will focus on the background of Electronic Fund Transfers Act, as well as recent developments that affect electronic transfers. We will also cover disclosures, error resolution, gifts and the examination sid..
14 Credit Discipline Tools for Diagnosing, Improving, and Maintaining Your Organization’s Credit Culture
Successful credit risk management relies on a strong credit culture to support and execute strategies and policies. In turn, the culture relies on some basic tools to maintain its strength. These 14 tools offer an expedient way to test the quality of credit risk management but also serve as techniques for remediating and improving credit culture and credit risk management.Learning ObjectivesDefine and expla..
Why EBITDA Doesn’t Spell Cash Flow But What Does
EBITDA (Earnings before Interest, Taxes, Depreciation, and Amortization) is a popular measure of cash flow, but it is not accurate, and bankers and investors who rely on it as a reliable indicator of repayment ability will be deeply disappointed.This session will explain why EBITDA does not measure cash flow and what more accurate measures are available.Learning Objectives Learn how to cal..
Lease Capitalization - How Lease Capitalization Impacts Borrower Leverage, Liquidity, Profitability, and Repayment Ability
Generally accepted accounting principles (GAAP) do not change often, but when they do, we need to understand how changes in GAAP effects borrowers’ and clients’ ability to repay. GAAP now requires that companies capitalize their leases, and that may worsen their leverage, reduce their liquidity, lower their profitability, and reduce their ability to repay..This webinar will explain why lease cap..
How to Write Better Emails
Emails are a core business communication tool. The speed and volume of email have dramatically changed the business communication. The not-so-old standards for professional correspondence have changed and will continue to do so. Employees need to know the best strategies to communicate effectively. An effective business email is easily understood, but it is not so easily written.We have all received p..
Construction Lending and Real Credit Administration: Evaluating, Underwriting, and Monitoring Construction Loans
Most bankers acknowledge that construction lending is riskier than other types of commercial lending:Repayment ability depends on successful completion of the construction before the project can generate cash flow from the sale of the finished property, from rental or lease of the real estate, or from permanent take-out refinancingDuring the construction period, the collateral is literally work-in-progress ..
How to Lend to Business Borrowers over the Business Cycle
Topics discussed include:Volatility of construction risk in economic cyclesSupply chain risk for contractors Payment process for contractors and subcontractorsContractor status report and key elements in contractor accounting and financial statementsProgress billings, retention, and collateral value Role of sureties in providing bonds to contractors - lien priorities Evaluating contractor downside cash flow..
Basics of Asset Based Lending (ABL)
Asset-based lending (often referred to as “ABL”) is a form of commercial lending designed to finance safely the working capital needs of a borrower whose cash flow currently may not support debt repayment. Like other commercial loans, cash flow is the primary repayment source for an asset-based loan but with stronger reliance on the company's assets as collateral and firmer control over the receipts of the ..
GAAP - Update on new Accounting Principles and How They Impact Borrowers’ Financials
This session will explain these new concepts and how they affect borrowers and how lenders should incorporate these changes into their own analyses and underwriting of borrowers. Background of FASB and IASB accounting convergence - Close, but no cigar - Differences still existRevenue recognition - Seller recognizes revenue when buyer gets possession of good or service - Generally sooner ..
Basics of Forensic Accounting
Whether you are involved in evaluating the creditworthiness of a prospective customer, analyzing investment opportunities, or even beginning to suspect that something funny is going on in your own company, this session will give you the tools to determine what is really going on. It's not just about the financial statements, this presentation will show you how to conduct a preliminary investigation will hel..
Controller Challenges In Changing Times New Roles Of Controller As Strategic Partner
The turbulent ever-changing and technology-driven world of business requires changing and evolving roles for controllers. The focus is currently more on the soft side of the business, rather than accounting and reporting. It is more about people-pleasing than pencil-pushing. Studies have shown the controllers who want to rise in the ranks of CFO must learn to put down their pencils and master the soft skill..
Deep Dive into Financial Ratios
During many years of evaluating companies there are many things that you find are not as they seem after breaking down a balance sheet, income statement or statement of cash flows. If you do not have the skills to properly analyze the companies’ financial statements, you could end up losing a large customer to bankruptcy or granting a loan and the company defaults on it. In the webinar you will learn how re..
Finance And Accounting Made Simple! Three Webinars In One!
Making of Financial StatementsUnderstanding and Analysing Financial StatementsFinancial Ratios The Path to Profits and ProfitabilityThree related Finance and Accounting topics are presented in this webinar:Understanding and Analysing Financial Statements:Overview of the entire accounting process is simple to understand steps Interactive exercises to illustrate the accounting process Transforming transaction..
Financial Projections For Determining Long-Term Cash Flow Repayment Ability
One of the most basic analytical and underwriting tools a banker must have is the ability to determine whether a borrower can repay its loans based on the financial information available. Financial organizations extend credit to borrowers when the borrowers show the ability to repay the loans extended. Ideally, a request for a five-year loan should be supported by a 5-year cash flow projection. Learn key as..