Education & Events

September 9, 2026 – 9:00 a.m. to 3:00 p.m. CT - Live Streamed

We will begin this session by analyzing the four financial statements - Income Statement, Statement of Retained Earnings, Balance Sheet, and Statement of Cash Flows. This will include 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, and Amortization/ Depletion.

We will 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. Additionally, the types or levels of financial statements will be highlighted, including Company-Prepared, Compiled, Reviewed, and Audit. The Audited Financial Statements will include “Unqualified, Qualified, Adverse, and Disclaimer.”

Attendees will be introduced to a five-part Financial Statement Analysis Model, which will include the Liquidity, Activity, Leverage, Operating Performance, and Cash Flow. Additionally, the related topics of the Z-score (bankruptcy predictor) and the Sustainable Growth models will be reviewed. Two case studies will be used to illustrate the correct interpretation of the financial statements.

Audience
Commercial lenders, credit analysts, and relationship managers

Instructor
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 bankers, CPAs, 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 encompasses 24 years as a business trainer/ contract CFO and 16 years as a bank commercial lender, including the position of vice president/senior banking officer. His banking credentials include loan underwriting, loan “work-out”, management, and business development. Mr. Osburn has been an adjunct college professor for over 30 years, teaching accounting, economics, finance, banking, marketing, management, and business law.

Fee Per Person
Member $265
Nonmember $445