Course Length:
7 modules, 6-8 hours
Audience description
Designed to help credit analysts, underwriters, portfolio managers, and credit officers increase their proficiency in assessing risk and evaluating the creditworthiness of middle market companies through financial statement analysis in order to make thoughtful and well informed credit decisions.
Attendee Feedback
"Thank you so much for the certificate. I enjoyed the course and truly learned a lot. I appreciate the new format and found it much easier to navigate than the original course I was set up to take. I am recommending it to all of my new colleagues."
- Michelle Kostick, Vice President, First American Equipment Finance
Course Outline
- Module 1 - Introduction to Financial Analysis and Business Types
- Lesson 1: Financial Performance and Credit Risk
- Lesson 2: Financial Statement Structure
- Lesson 3: Legal structures
- Module 2 - Profitability Ratios
- Lesson 4: Sales Growth
- Lesson 5: Gross Margin
- Lesson 6: Operating Expense Percentage
- Module 3 - Activity Ratios
- Lesson 7: Accounts Receivable Days
- Lesson 8: Inventory Days
- Lesson 9: Accounts Payable Days
- Module 4 - Capital Spending, Gearing, and Debt Coverage
- Lesson 10: Capital Expenditures
- Lesson 11: Leverage
- Lesson 12: Liquidity and Debt Coverage
- Module 5 - Cash Flow Analysis
- Lesson 13: The UCA Cash Flow Statement
- Lesson 14: Other Cash Flow Measures
- Module 6 - Projections and Credit Risk Assessment
- Lesson 15: Background to Projections
- Lesson 16: Projections Methodology
- Lesson 17: Setting Meaningful Forecast Assumptions
- Module 7 - Loan Structure
- Lesson 18: Loan Type and Repayment Schedule
- Lesson 19: Collateral Types and Values
Cost
Member: $475/license
Non-member: $790/license
*Bulk pricing discounts available.