This seminar is designed for bank executives, loan officers, accountants and attorneys.
As a banking professional, you know how important it is to improve the value and strength of your portfolio. One key element of portfolio improvement is your ability to accurately evaluate a customer’s capacity to repay loans. This highly informative seminar is designed to enhance your understanding of tax returns and personal financial statements, and provide you with the knowledge and skills you need to more effectively analyze cash flow and gauge your customers’ loan repayment abilities. Banking professionals seeking the opportunity to gain valuable and practical insight on these key issues cannot afford to miss this seminar!
Topics to be discussed include:
• Understanding The Financial Information In Business Entity Tax Returns
• Corporate Tax Returns
• Partnership And Limited Liability Company Tax Returns
• Sole Proprietorships
• Financial Statement Preparation
• Financial Ratio Analysis
• Future Cash Flows
• Bankruptcy Considerations In The Analysis Of Financial Statements
8:30 a.m. - 10:15 a.m.
A. Welcome And Introductions
B. Terminology And Definitions
C. Cash vs. Accrual Accounting
D. Entity Types
II. Understanding The Financial
Information In Business Entity
A. The Accounting Equation
B. The Balance Sheet
1. Current Assets
2. Property, Plant And Equipment
3. Historical Costs And Accumulated Depreciation
4. Other Assets
5. Current Liabilities
6. Long Term Liabilities
7. Retained Earnings, Paid- In Capital And Stock Basis Issues
C. Revenues And Expenses Reported On Business Entity Tax Returns
1. Revenue Analysis
2. Cost Of Goods Or Services Sold
4. Book-To-Tax Differences/ Depreciation
10:15 a.m. - 10:25 a.m.
10:25 a.m. - 12:15 p.m.
III. Corporate Tax Returns
A. Different Types Of Corporations
B. Options For Compensating Shareholders
C. Tax Aspects Of S And C Corporations
D. Schedule L, M-1, M-2
E. Shareholder Basis Calculations
IV. Partnership And Limited
Liability Company Tax Returns
A. Entity Characteristics
B. Tax Aspects Of Partnership And LLC Returns
C. Partner/Member Basis Calculations
V. Sole Proprietorships
A. Form 1040 Schedule C
B. Form 1040 Schedule E
C. Form 1040 Schedule F
12:15 p.m. - 1:15 p.m.
Lunch (On Your Own)
1:15 p.m. - 2:35 p.m.
VI. Financial Statement Preparation
1. Liquidation Value
3. Replacement Value
B. GAAP vs. Tax
VII. Financial Ratio Analysis
A. Liquidity And Solvency
2:35 p.m. - 2:45 p.m.
2:45 p.m. - 3:10 p.m.
VIII. Future Cash Flows
B. Payment Ability
3:10 p.m. - 4:10 p.m.
IX. Bankruptcy Considerations In
The Analysis Of Financial
4:10 p.m - 4:30 p.m.
X. Questions And Answers