Analyzing the Balance Sheet and Income Statement
Friday, July 26, 2019 
11:00 am – 12:30 pm Eastern

The principal goal of this course is to enable you to analyze the balance sheet and income statement.

Topics Covered:

• Explain the history and purpose the balance sheet and income statement.
• Demonstrate how common sizing the accounts can be used to help analyze both the balance sheet and income statement.
• Perform horizontal and vertical analysis on both the balance sheet and income statement.
• Define the difference between assets, liabilities and owner’s equity.
• Identify both current and non-current assets and liabilities.
• Identify questions to ask management about selected balance sheet accounts.
• Explain the difference between Lifo and Fifo
• Explain the different depreciation methods used with fixed assets.
• Provide definitions for selected balance sheet accounts such as:

Leases
Intangibles
Deferred Taxes
Treasury Stock
Additional paid in capital
Retained Earnings
Goodwill
Other comprehensive income

• Examine the balance sheet for liquidity and leverage
• Define the balance sheet and income statement accounts that would be considered primary and secondary sources of repayment on a loan.
• Explain how income serves as one of the principal components of cash available for debt repayment and maintaining company viability.
• Develop questions to ask management about revenues and expenses.
• Explain how cost of goods sold can differ in a manufacturer versus a retailer or wholesaler
• Explain the difference between gross profit, operating profit and net profit
• Identify typical operating expenses.
• Define a fixed versus a variable expense.
• Explain other income and expenses.
• Define extraordinary items.
• Explain how the notes to the financial statements are used to further explain information on the balance sheet and income statement.

Who Should Attend?   

Commercial lenders, credit analysts, small business lenders, middle market lenders, private bankers; loan review specialists, special assets officers, lending managers and credit officers.

Speaker:

Tom Carlin

An authority on financial and credit risk, Mr. Carlin is a Managing Partner at Eensight. He has worked with major banks, insurance companies and regulatory agencies over the last twenty years, designing and teaching financial topics including: basic, intermediate and advanced credit and financial statement analysis, business lending for branch bankers, accounting for bankers, basic intermediate and advanced cash flow analysis, loan structuring, consumer lending and trade finance. His audiences include business bankers, recent graduates going through the organizations basic credit training program, senior management personnel that need to know the basics of accounting and financial statement analysis, middle market lenders with many years of experience and regulatory agency personnel. Each program he designs and teaches is tailored to the individual customer with the products, procedures and culture of the organization incorporated into the course design. The complexity and intensity of the programs are adjusted to reflect the needs of the participants and the logistical training issues faced by the organization.

He is the author of “Financial Statement Analysis” published by the American Bankers Association in 1994. He is also the author of “Consumer Lending”, published by The Center for Financial Training in 2015.

He has designed and taught programs in risk analysis for Citibank, Wells Fargo, American International Group, Capital One, Chase Manhattan Bank, First Tennessee, M & T, Union Bank, and The Bank of China. He has also taught the “Credit Risk Analysis Program” at the Federal Reserve Bank.

Prior to Eensight, Mr. Carlin was a Regional Director for Omega Performance Corporation. He was also a Vice President with Bankers Trust in New York. He was responsible for marketing credit and trade finance products to corporate clients and correspondent banks worldwide.

Mr. Carlin has a Masters of International Management degree from The Thunderbird School of Global Management and a Bachelor of Arts Degree from Villanova University.

Attendance verification for CE credits provided upon request.

Webinar Sponsored by Total Training Solutions

If you are having issues with registering online, please contact CBAO's Education & Training Coordinator, Lianne Simeone, (614) 610-1877.