Financial Accounting for Lenders

How do you ensure that your lenders have a solid understanding of the necessary accounting concepts and practices that are so critical to sound financial statement analysis? By cutting through the CPA-oriented detail to focus on what lenders must know.

Why Financial Accounting for Lenders?

Financial Accounting for Lenders teaches accounting and cash flow analysis specific to commercial credit decisions. Lenders learn to assess accounting risk inherent in business financial statements. The hands-on approach, specific to financial institutions, shows lenders how to identify asset conversion cycles, which explain the underlying reasons businesses borrow and provide the key for accurately judging whether a borrower will be able to repay the loan.

Who Should Be Trained?

Financial Accounting for Lenders is recommended for bankers with a solid grasp of accounting fundamentals, including:

• Entry-level commercial lenders and credit analysts
• Mid-career commercial lenders and credit analysts who need a refresher
• Credit administration staff
• Loan review staff
• Private client and small business relationship managers and analysts who need to understand client business activities
• Operations personnel with financial analysis responsibilities

Delivery Method

Financial Accounting for Lenders can be delivered in a variety of ways, including as a self-study course taken individually or under the guidance of a coach, as a self-study course followed by a two-day application-based workshop, or online with accompanying print materials. Participants generally need 35 to 40 hours to complete the self-study modules.

Results

Financial Accounting for Lenders helps you:

• Build a strong foundation for training in commercial lending
• Improve loan quality through a better understanding of financial risks
• Reduce risk by promoting cash-based financial analysis
• Improve productivity by promoting more efficient credit analysis
• Build strong relationships by improving the ability to consult with customers

What Is Included?

Financial Accounting for Lenders teaches participants to understand accounting and cash flow analysis from the lender's perspective. The self-study/ workshop format is comprised of five modules, including:

• Financial Reporting
• Introduction to Accrual Accounting
• Accounting for the Operating Cycle
• Accounting for the Capital Investment Cycle and Other Assets

Accounting for Liabilities and Equity Financial Accounting for Lenders online is comprised of eight modules, including:

• The Accounting Framework
• Accrual Accounting Basics
• The Balance Sheet: Assets
• The Balance Sheet: Liabilities and Equity
• The Income Statement
• Connecting Statements and Levels of Assurance
• Understanding Business Cash Flow
• Complex Accounting for Corporations

Omega Key Differentiators

• Modular structure to allow tailoring of the content to the appropriate borrower profile
• Multiple delivery options are available, including leading-edge learning technology
• The ability to apply knowledge immediately via progress checks based on real-world lending scenarios

Learning Method: