Many people may have financial statements in front of them but they do not know what they should be looking for. The financial statements can be seen as a maze as there is so much information and people do not know where to start looking first. This live webinar will show people where they can find the Balance Sheet information they need and then depending on their needs (Are they looking to invest in the firm, be employed by the firm, consider giving them a loan or extending them a line of credit) how to break down the Balance sheet section by section, do comparisons, calculate ratios, and make a final decision.
By attending this webinar you will have the tools needed to do everything mentioned above and make sound decisions for your organization.
Some of what will be covered:
- Where to find Balance sheet information- SEC Website, audited Financial statements
- What is the make-up of the Balance sheet and what should one look for to analyze
- Understand Current asset and Current Liabilities, what they are and how they impact Working Capital
- Discuss how to Common Size the Balance sheet so it can be used for comparative purposes
- Discuss and explain the important ratios that can be pulled off of the Balance Sheet; Liquidity ratios, Leverage ratios,
- How to gather this information and make decisions for; Setting a line of credit, deciding to buy stock in this company, make a loan to them.
- The 5 C’s of Credit -most of them come from the Balance sheet
- How to finalize your decision and present it to management
Obtain a fundamental understanding of accounts on the balance sheet
How to analyze and interrupt balance sheet information
How to make better credit decisions for your company
Understand the relationship of each account to the financial statements
Where do we get the financial we are looking for
To do comparisons between years and understand what happened at the company
CooperVision
Credit Manager
[email protected]
(585) 264-3269
Mr. Ronald Sereika has over twenty five 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. Ron’s strength in forming solid relationships with his customers is the main reason he is not only able to get them to pay in a timely manner but also keep them as long- term customers. Making customer visits and asking the customer “what can we do better for you” is not something customers are used to hearing from a credit manager; but Ron’s unique style has benefited each of the firms he has been employed with resulting in maintain very high customer retention percentages as well as low DSO numbers. Ron’s twenty five plus years’ experience in the accounting and credit fields enabled him to develop and build credit scoring models and project cash flows, as well as, complete full financial reviews. Ron has a Bachelor of Science Degree in Accounting and he has completed 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.