Accounting Basics/Refresher for Financial Professionals Webinar

The session will also cover the “ten step” accounting cycle leading up to the creation of the financial statements.

This will include the rules of debits and credits, accrual versus cash basis accounting, adjusting entries, accounting for inventory and receivables, long-term liabilities and depreciation, proper analysis of the notes to the financial statements, types of financial statements, and the CPA opinion.

The webinar will include several “hands-on” examples to reinforce the accounting concepts.

What You’ll Learn

• The four financial statements: income statement, statement of owner’s equity, balance sheet, and statement of cash flows
• The ten step accounting cycle (business transactions to the post-closing trial balance)
• Rules of debits and credits
• Accrual versus cash basis accounting
• Adjusting entries
• Accounting for inventory and receivables
• Long-term liabilities and depreciation
• Analysis of the notes to the financial statements
• Types of financial statements and the CPA opinion
• Examples to reinforce accounting concepts

Who Should Attend
This session is ideal for commercial lenders, credit analysts, branch managers, private bankers, and business development officers.