Analyzing Personal Financial Statements and Tax Returns

November 03, 2006

Course Overview
The objective of this course is to use tax returns and personal financial statements to determine a customer's ability to repay a loan through cash flow. Cases include a discussion of individuals, partnerships, proprietorships, and small businesses.

Who will benefit?
A thorough knowledge of income tax returns and cash flow can benefit all lenders trying to differentiate their services in the market. Analyzing Personal Financial
Statements and Tax Returns is designed for all lending and credit professionals who rely on this information to make credit decisions.

You will:

• Improve the quality of your portfolio using personal financial statements as a predictor of repayment.
• Strengthen the underlying asset value of your portfolio through an understanding of adjusted net worth.
• Identify the most relevant sections of the tax return that affect cash flow.
• Examine how taxes influence cash flow and the customer's operations.
• Analyze tax returns for individuals, partnerships, real estate transactions, and small businesses.
• Develop strategies for predicting future cash flow.

Prerequisites
Participants are expected to have a thorough knowledge of financial accounting. In addition, this course requires the participant to complete a pre-course assignment that should take 2 hours.

RMA Members:  $425
Nonmembers:  $650

Download registration form or register online at http://www.rmahq.org or by calling 800-677-7621.  Refer to product number 3001147.