Creating Profit & Loss Statement to Understand your Organization’s Financial Position

Why Should You Attend:

Lenders and other credit professionals require a fundamental understanding of the information that is contained in Profit and Loss Statements. As one of the two primary types of financial information that most lenders generate, Profit and Loss Statements are an important tool for both businesses as well as lenders and others who analyze the creditworthiness of businesses. In today’s lending environment, making high quality loans is essential. Proper due diligence requires a complete understanding and analysis of Profit and Loss Statements.

Those who attend this program will be taught how to use the information contained in P & L Statements to make quality loans based on an analysis of this information.

The major elements of Cashflow are contained in Profit and Loss Statements. As Cashflow is the primary way in which loans get repaid, a proper and complete understanding of P & L Statements is essential in order to make loans of high quality.

Areas Covered in the Webinar:

• The P & L Statement: Its Limitations and Challenges
• Key Financial Ratios: What they do and don’t tell you about a business
• The Role of Depreciation
• Sales Trends: How to Analyze Sales and the Composition of Sales
• Models and Techniques to Increase Clarity in Profit and Loss Statements
• Overhead Expenses: When are they Excessive?
• How to interpret and evaluate financial information
• How to use financial forecasting to make accurate evaluations of proposed projects
• Understanding Cashflow based on P & L Information
• How to use cash flow analysis for investing and financing
• The Role of Non-recurring Income and Expenses

Who Will Benefit:

• Commercial Loan Officers
• Branch Managers
• Credit Analysts
• Supervisory personnel
• Members of Boards of Directors
• Members of Loan Committees

Instructor Profile:

Vincent DiCara has been involved in evaluating and meeting the credit needs of small and medium-sized businesses for over thirty years as a business advocate, lender, credit analyst and trainer. Since 1995, he has been providing expert training for lending professionals throughout the country who work in the public, private non-profit, and private sectors. Mr. DiCara’s training programs have become known for their ability to foster an informal and participatory environment in which students are empowered to learn.

Mr. DiCara was an owner and founder of Development Finance Training and Consulting, Inc. which he established in 2003. Upon leaving DFTC in early 2013, Mr. DiCara established DiCara Training and Consulting, LLC where he continues to provide the highest quality services to his clients in the banking, credit union, and economic development sectors.

In addition to his experience as a financial trainer, Mr. DiCara also provides consulting services to banks, credit unions, economic development organizations and other lenders who require assistance in developing, implementing, monitoring, and reviewing their loan practices and portfolios. He has conducted a number of loan reviews for small-to-medium sized lending institutions who have small business loan clients. Mr. DiCara also serves as a loan practitioner and on a consulting basis provides commercial loan officer services to the Greater Portland Council of Governments (GPCOG), the Portland (ME.) Development Corporation (PDC), and the Kennebec Valley Council of Governments (KVCOG). His specific responsibilities include loan underwriting, liaison to financial institutions, and the structuring of complex financing packages that utilize multiple sources of funds from the private and public sectors.

Mr. DiCara is a graduate of Bowdoin College in Brunswick, Maine and received a Masters Degree in Public Administration from the University of Maine. A native of Boston, Massachusetts, he has been a resident of the State of Maine for more than forty years, where he resides in the Town of Brunswick with his wife of thirty-seven years. He belongs to a number of professional associations and has earned the designation of Economic Development Finance Professional (EDFP) from the National Development Council.

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