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Introduction to Analyzing Financial Statements

Course Description:
Introduction to Analyzing Financial Statements presents the tools needed to analyze financial statements with confidence. This course reviews the importance of analyzing financial statements in the small business lending process, and teaches the terms and steps associated with analyzing financial statements, including the income statement, the balance sheet and the cash flow statement. This course also provides a better picture of what is required in analyzing financial statements, and to know how to explain the interpretations of the financial information.

Audience:
Bank personnel who are responsible for reviewing financial statements for the purpose of assisting in making lending decisions, monitoring the ongoing health of the business, or conducting the initial financial analysis.

Learning Objectives:
After successfully completing this program, you will be able to:
  • Define financial statement analysis and explain its importance in the
      small business lending process
  • List the basic steps of financial statement analysis and the purpose of each step
  • Analyze an income statement and balance sheet
  • Calculate and interpret key ratios
  • Perform a simple cash flow analysis

Course Credits: AIB: 0.25 ; ICB: 3.25 CPB, CLBB, CTFA/PFI

Prerequisites: None

Required Software: None

Optional Software: Adobe Acrobat Reader and RealPlayer

Cost: Members $95   •   NonMembers $130


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PBA Contact: Jackie Catalano • (717) 255-6939 • jCatalano@paBanker.com