Series 2: Interpreting Quality of Financial Reports and Accounts

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

Courses include:

    LDP 2.1 - Financial Statements Overview
    LDP 2.2 - Balance Sheet and Income Statement Overview

What You'll Learn

After completing this course, 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.

Course Credits

ABA Professional Certifications: 6.0 CLBB


The Lending Decision Process and the courses in the curriculum are products of The Risk Management Association.


​Questions? Please contact training@aba.com for more information.

 

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Purchase for a Team
To license this course to your bank for multiple learners, please contact ABA Training.​

 

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