Analyzing Financial Statements and Uncovering the Key Trends and Hidden Messages Within Them

Why Should You Attend:

This webinar is designed for anyone who sits on the board of directors and senior management team of a company but has minimal experience or training on accounting or finance matters.

It is also ideal for loan officers or credit analysts at banks or credit unions who must evaluate the financial statements of borrowers to determine if they should be approved for loan request or maybe experiencing financial difficulties and therefore, the loan officer / credit analyst should recommend that the bank / credit union take appropriate corrective action to prevent the bank / credit union from incurring a loss.

Areas Covered in the Webinar:

• The different types of financial statements and what their intended purpose is.
• How to identify key operating trends and prepare financial ratios on a company’s financial statements.
• The importance of reading the footnotes that accompany financial statements and provide an understanding of how these footnotes often hide important messages.
• Understand how the use of different accounting principles can influence the results reported by a company.
• How to convert a company’s reported net earnings or loss to cash flows to determine if a company is able to repay its debt obligations and or is generating positive or negative cash flows from the business.
• How loan officers evaluate a company’s financial statements when determining whether to approve a loan request.
• The different types of reports issued by CPAs and the level of reliance you can place on each.
• How to use graphs and peer group data to enhance your understanding of a company’s financial performance.

Who Will Benefit:

• Directors and board members
• Attorneys involved in financial litigation
• Insurance claims adjusters
• Internal auditors
• External auditors
• Government (state and local) financial investigators
• Lending officers
• Financial institution compliance personnel
• Credit and collection department personnel
• Merger and acquisition personnel
• Investors and their brokers, money managers, etc.

Instructor Profile:

Toby Lawrence is the president of Lawrence Advisory Services, a consulting firm that specializes in providing various valued added consulting services to banks and credit unions. Mr. Lawrence has almost 30 years of experience working in or serving financial institutions including serving as the president and CEO of a community bank and as a partner in two separate national CPA and consulting firms, McGladrey and CliftonLarsonAllen.

He has worked with hundreds of institutions in his career, ranging in size from $50 million to over $16 billion in total assets. He also served as a consultant to the Federal Deposit Insurance Corporation and the Federal Housing Finance Authority that oversees Fannie Mae, Freddie Mac, and the Federal Home Loan Bank system.

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