Analysis of Contractors
Specialized Lending Series
Explore percentage of completion accounting and its impact on revenue recognition and expense matching for contractors. Follow the flow of information from the contract status to financial statements and supporting schedules, and finally to assess changes in borrower risk.
“The instructor would teach the material multiple times and from different perspectives to reinforce the point he was making”
~Senior Credit Officer, Regional Bank in Tennessee
~Senior Credit Officer, Regional Bank in Tennessee
What You Will Learn
Learn to apply the percentage of completion method of accounting and understand its impact on revenue recognition and matching expenses. Follow the flow of information from the contract status, or work in progress, report to financial statements and supporting schedules. Learn how to use these documents to assess borrower risk and changes in this risk.
Target Audience
This Skill Series is ideal for participants currently in or aspiring to enter the following job functions:
- Credit Management
- Commercial Credit Administration
- Commercial Real Estate Administration
- Commercial Loan Administration
- C & I Lending
- CRE Lending
- Corporate Lending
- Loan Review
- Special Assets
- Internal Audit
- Construction Lending
- Credit Analysis
- Loan Support
Prerequisites
An understanding of percentage of completion accounting and the origin and derivation of all values on the contract status report.
Skill Series Courses
Analyzing Contractor Financial Statements Part 1
Analyzing Contractor Financial Statements Part 2
more than 100 live, On-Demand and self-study courses
for every member of your credit team.
All include cases, exercises, testing & Reporting
for every member of your credit team.
All include cases, exercises, testing & Reporting