Course Objectives

To evaluate the creditworthiness of individuals, credit analysts may use any of several primary sources of information, depending on the amount of credit sought and whether a consumer or commercial transaction is involved. In the commercial credit context, personal financial statements, income tax returns, and credit agency reports each have a role. This course will discuss loan applications, income tax returns and credit reports, but will focus on personal financial statements, since bankers intuitively look to this source of information first and foremost in establishing financial capacity. The discussion of the individual creditworthiness will cover the following topics:

  • Uses of a personal financial statement based on information in statements, reliability of information, and lender liability warnings

  • Standards for preparing personal financial statements

  • Assets including cash, investments accounts, notes, contracts receivable, cash surrender value of life insurance, real estate, motor vehicles, personal property, and other assets

  • Liabilities including loans, notes, and contracts payable

  • Net worth including discretionary adjustments, statement of changes, income and expense, contingent liabilities, life insurance, and protection from false information

  • Changes in circumstances

  • Income tax returns

Course curriculum

Upgrade to the Certification Program

Credit analysts, lenders, risk managers, credit officers, portfolio managers and persons responsible for loan quality or review and those evaluating or regulating credit decisions would benefit from this course. Other financial professions seeking education in preserving quality lending and fully understanding and evaluating the loan underwriting process would also benefit from the training.

  • $799.00

    $799.00Commercial Credit Analysis Certification

    The Commercial Credit Analysis Certification program consists of eight (8) courses covering the Credit Analysis Process, the Five C's of Credit, Analyzing Financial Statements, the Balance Sheet, the Income and Equity Statements, the Cash Flow Statement, Financial Ratios Analysis, and Analyzing the Creditworthiness of Individuals. You can save purchasing these courses as a bundle while earning an important certification to demonstrate your credit analysis expertise. The courses are available to revisit for one year from the date of purchase. You will have access to any updated materials reflecting changes in prudent banking practices, regulations, and market conditions during this time.
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