This module provides a fundamental overview of the most common accounts found on a company's financial statements. It starts by reviewing the Accounting Concepts and Assumptions which are the cornerstone to producing Financial Statements. Having an understanding of how financial statements are constructed makes it easier for an analyst or banker to read and understand the Financial Statements.
This course provides a deeper understanding of each account commonly found in Financial Statements and how they are related to each other. Having an understanding of Financial Statements also enhances an analyst’s ability to understand the results of ratio and cash flow analysis.
- Accounting Assumptions
- Financial Statement Components
- Balance Sheets
- Income Statements
Who Should Attend?
Anyone in the institution having compliance responsibilities - when you think about this, it could be just about anyone in the institution. This may include members of senior management, operations personnel, lending personnel, underwriters, customer service representatives, back-room personnel, and of course compliance officers, auditors, and attorneys, and anyone else in the institution that might benefit from this valuable information.
The biggest value of the series..."Ability to have someone explain in plain English what is going on." Christine G., Bank Fund Staff Federal Credit Union
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