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Validity : 06th May'25 to 16th May'25
Analyzing Financial Statements
- Breaking down both the Income Statement and Balance sheet and statement of Cash Flows
- Looking at the following sets of ratios; Liquidity, Debt, Activity, Profitability
- How to common size financial statements
- How to analyze an account and make a decision to present to management
- Understand the Altman Z score to determine is the company you are looking to work with going to be around next year.
- Understand what Free Cash flow is
- See a full financial write up to with ratios, sales numbers, auditors opinion, and write up
Overview of the webinar
It is difficult to get everything you need for a credit report as most of them have outdated financial information. One of the best things you can do especially for your major customers is to get audited financial statements. Any account that you sell to that is publically traded has financial statements available on their State’s SEC.GOV website. Once you have the financial statements you now have the information and tools you need to make determinations for. Do you grant them a loan, do we buy our next piece of equipment from them, and will they be around to support the product if something goes wrong? Do we sell to them and how much?
Who should attend?
- Bankers
- Credit managers
- Credit Analysts
- People working in FP&A
- Small business owners
- General Managers
- Attorneys
Why should you attend?
- What’s in a number, if a company has a current ratio of 2:1 what does that mean and will I base my credit decision on that number
- If I see grocery stores have an average inventory turnover of 45:1 and mine is only 9:1 are we doing something wrong
- Ratios by themselves cannot always give you everything you need so you need to be resourceful and know where to go to get the answers
- To accommodate those needs this session will teach you how to use the Balance sheet, Income statement and the Statement of cash flows and the associated ratios along with other tools to help you make a sound credit
Faculty - Mr.Ronald Sereika
Ron has a Bachelor of Science Degree in Accounting and he has completed the two-year executive credit and finance program as well as the GSCFM international program both at Amos Tuck School of Business at Dartmouth University. Ron was honored to have received the NACM National instructor of the year award in 2010, the National CCE of Excellence award in 2013 and also the Credit executive of the year for Upstate New York in 2011. Ron is a true team player with a positive attitude that believes he will be able to help you reach the same results he has achieved with his presentation. Ron believes that you need to treat your customers as partners, not just people that owe you money.
Mr. Ronald Sereika has over 25 years of experience in management, financial analysis, credit and collections, and customer service. His background includes working in the clothing, food, and beverage, building products and currently the medical device industry; all these have contributed to his broad knowledge of diverse industries, a unique skill set that benefits any size or type of company.
Credits
ComplianceIQ is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CPSM or SHRM-SCPSM. This program is valid for [1.5] PDCs for the SHRM-CPSM or SHRM-SCPSM. For more information about certification or recertification, please visit www.shrmcertification.org.