Series 2: Interpreting Quality of Financial Reports and Accounts

Course Number: ABA

Course Code: ABA

How to interpret risks stemming from the quality of financial reports and underlying financial accounts.

Produced by the Risk Management Association

Courses*

*Only available as a series

  • LDP 2.1 – Interpreting Reliability and Comparability of Financial Statements
  • LDP 2.2 – Interpreting Quality and Consistency of Balance Sheet and Income Statements

What You’ll Learn

After completing this series, students will be able to:

  • Analyze the reliability of accountant prepared financial statements.
  • Compare and contrast the differences among cash, modified-cash, and tax-basis accounting methods.
  • Interpret repayment risks stemming from identified financial reporting issues.
  • Assess the implication of estimates permitted by GAAP.
  • Identify the characteristics of a company’s assets, liabilities, and net worth accounts.
  • Determine the integrity of a company’s reported financial condition based on a review of both on- and off-balance sheet accounts.
  • Identify the characteristics of a company’s income and expense accounts.
  • Analyze the quality of a company’s earnings, the consistency and authenticity of its income and expense accounts, and the sustainability of revenues.

Audience: Loan trainees, credit analysts, and anyone with commercial lending authority.

Prerequisites: None

Register Now

Member Price: $100.00
Non-Member Price: $200.00
Textbook Charge: $0.00

Credits: 10 CLBB

Length:

ABA Training