Participants develop a framework for identifying the minimum financial information for a business borrower and guarantor necessary for making a credit decision. They determine the minimum number, and acceptable quality, of financial statements required to assess a borrower's historical profitability and cash flow performance. They identify the fatal flaws in borrower financial statements that preclude a useful analysis of borrower profitability and cash flow performance. Further, Participants explore the usefulness of the Uniform Credit Analysis (UCA) cash flow statement in overcoming a set of common deficiencies in the quality of borrower financial statements. In addition, they identify the minimum financial information for a guarantor necessary to determine the guarantor's dependency on company cash flow and his or her ability to provide financial support to the company in a financial or cash flow crisis.