Advanced Financial Statement & Cash Flow Analysis

Hybrid Event  
Thursday, October 13, 2022 - Friday, October 14, 2022   iCalendar Central Standard Time

Hybrid | October 13 – IBA Center for Banking Excellence, Springfield OR Live Streamed Via Zoom
October 14 – Lewis University, Oak Brook

The session begins with analyzing the four financial statements – income statement, statement of retained earnings, balance sheet, and statement of cash flows. This includes 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. 

We’ll 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. The quality of financial statements will be highlighted including company-prepared, compiled, reviewed, and audit. The audited financial statements will include “unqualified, qualified, adverse, and disclaimer.” 

Participants will be introduced to a “five-part” financial statement analysis model which includes 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). The global cash flow or combined “business & personal” cash flow model will be displayed. 

This will be followed by the statement of cash flows (using the direct and indirect methods), as prepared by the CPA, the UCA cash flow (using the Moody’s lending cloud software spreadsheet), cash basis cash flow, fixed-charge coverage (FCC), free cash flow (FCF), commercial real estate cash flow, and sensitivity analysis. 

Related topics of the z-score (bankruptcy predictor) and the sustainable growth models will be reviewed, and two case studies will be used to illustrate the “five-part” analysis model and the “correct” interpretation of the financial statements. 

Commercial lenders, credit analysts, relationship managers, credit administrators

David l. Osburn is the founder of Osburn & associates, LLC, a business training and contract CFO firm that provides seminars, webinars, and keynote speeches for CPAs, bankers, attorneys, credit managers, and business owners on topics such as banking/finance/credit, negotiation skills, marketing, and management issues. His extensive professional background of over 30 years includes 18 years as a business trainer/contract CFO and 16 years as a bank commercial lender including the position of vice president/senior banking officer.

Fee Per Person
IBA member $265
Nonmember $445

Hybrid Event  

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