Calendar

  1. October 2018

    1. Monday, October 29, 2018
      1. Event image Multi-Day Event8:15 AM Monday – 4:00 PM Tuesday at Harrisburg Area

        NEW - School of Treasury Management >

        more information to follow More >
  2. November 2018

    1. Sunday, November 4, 2018
      1. Event image Multi-Day Event4:00 PM Sunday – 4:00 PM Monday at Harrisburg Area

        CFO Conference >

        Join your fellow Chief Financial Officers and their equivalents to exchange ideas, develop new strategies, and learn about the latest trends & best practices. More >
    1. Tuesday, November 6, 2018
      1. Event image 8:15 AM – 3:45 PM at Harrisburg Area

        Analyzing Personal Financial Statements & Tax Returns >

        One of the more challenging aspects of lending is analyzing personal financial statements and tax returns. Assessing the borrower’s ability to convert assets to cash to pay short-term debt or honor a guaranty often requires significant adjustments to the borrower’s reported net worth. Adjusted gross income on Form 1040 bears no relationship at all to cash available to pay personal living expenses and debt service. To determine cash available, the lender must construct a personal cash flow using information contained in the personal financial statement and schedules of the tax return. Lenders recognize that the business and personal financial affairs of small business borrowers are closely intertwined necessitating the integration of business and personal cash flow to determine global cash flow. More >