Learn the fundamental concepts of accrual accounting, including financial statement structure and composition, double entry accounting and other skills for analyzing companies practicing accrual accounting.
“The class was very interactive. The flow of the training was just right, perfect for learning. ” ~Loan Adminstrator, Regional Bank in California
What You Will Learn
Accounting Essentials explores the fundamental concepts of accrual accounting. At the end of the four sessions, participants will understand financial statement structure and composition, double entry accounting, the accounting equation, debits and credits, critical accounting principles, the effect of improperly recorded transactions, and the generation of the balance sheet and income statement from a series of recorded transactions over a finite time period.
Target Audience
This Skill Series is ideal for participants currently in or aspiring to enter the following job functions:
C & I Lending
CRE Lending
Consumer Lending
Private Banking
Loan Review
Special Assets
Consumer and Retail Lending
Credit Analysis
Prerequisites
Some familiarity with an accrual income statement and balance sheet for a commercial business.
Skill Series Courses
Financial Statement Structure and Composition
Double Entry Accounting and the Accounting Equation