Mastering the Art of Making Sound Credit Choices
Ron has over thirty years in credit management in the clothing, door and window manufacturing, wine, medical device industry and now direct mailing. He holds a BS in Accounting and has received his certification in credit and finance from the Amos Tuck business school at Dartmouth University. Ron has been in instructor for NACM for 21 years teaching both the CAP and ACAP classes helping over 150 credit people prepare for their credit designations. Ron is currently the Director of Credit and Collections and payment solutions at Mspark Inc, the number two direct mailing company in the US. Ron has been honored with the following awards for his efforts in giving back to the credit community; NACM National instructor of the year 2010, Credit Executive of Upstate NY in 2011 and the NACM CCE award of Excellence in 2013.He has a passion for his profession and is continually looking to share his knowledge so other can grow theirs.
Are you a credit manager, credit analyst, or collection specialist looking to sharpen your skills and make more informed credit decisions? Join our exclusive webinar, "Mastering the Art of Credit Decisions: A Roadmap to Success," and take your credit analysis expertise to the next level.
In this dynamic and informative session, we will guide you through the entire credit decision-making process, equipping you with the tools and knowledge needed to make successful credit decisions. We will delve deep into the core principles of financial analysis, helping you identify critical aspects of a company's financial health and predict potential risks accurately.
Key Takeaways:
- Navigating the Financial Landscape: Discover where to find vital financial information, including the web, credit reports, audited financial statements, and more.
- Unraveling Accounting Mysteries: Gain insights into how the SEC and FASB collaborate to shape accounting policies, enabling you to decode financial statements effectively.
- The Analytical Journey: Learn how to kickstart the analysis process, and understand the intricate connection between income statements, balance sheets, and statements of cash flows.
- The Power of Ratios: Master the art of using liquidity, activity, leverage, and profitability ratios to perform a comprehensive financial analysis.
- Common-Size Statements: Explore techniques to common-size financial statements for easier comparisons.
- Crucial Altman Z Score: Discover the Altman Z score and its role in predicting a company's likelihood of bankruptcy within the next 12 months.
- Auditor's Insights: Get acquainted with the four main auditor's opinions and understand their significance in your credit decision-making process.
- Crafting a Compelling Credit Review: Learn how to create an effective credit review using financial information, and present it to management for approval, especially for your largest accounts.
Course Level - Intermediate
Who Should Attend
- Credit Managers
- Credit Analysts
- Collection Specialists
- Professionals overseeing credit and collections departments
Why Should You Attend
In today's world, access to information is unparalleled. This webinar is your gateway to leveraging this information and making more informed credit decisions. Whether you're considering purchasing credit reports, participating in industry trade groups, or embarking on a credit analysis, this session will equip you with the knowledge and skills to excel. You'll gain a comprehensive understanding of where to find financial information and how to conduct a thorough financial analysis covering income statements, balance sheets, and statements of cash flows. Dive into the nuances of financial statements, auditors' opinions, and management analysis letters to enhance your decision-making capabilities.
Topic Background
With over 30 years of experience in the credit industry, our expert presenter has managed teams of up to 20 people, consistently achieving minimal write-offs. Don't miss this opportunity to tap into their wealth of knowledge and expertise. Join us for "Mastering the Art of Credit Decisions: A Roadmap to Success," and elevate your credit decision-making skills to new heights.
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$200.00
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