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Are you a banker looking to improve your knowledge of the vital discipline of accounting? Join David Osburn in this 90 minutes webinar to learn how the income statement, statement of owner's equity, balance sheet, and statement of cash flows are developed and connected to each other. He will also explain the ten-step accounting cycle leading up to the creation of the financial statements including the rules of debits and credits, accrual versus cash basis accounting, adjusting entries, accounting for inventory and receivables, long-term liabilities and depreciation, proper analysis of the notes to the financial statements, types of financial statements, and
the CPA opinion.
Key Learning Objectives
- The four financial statements - income statement, statement of owner's equity, balance sheet, and statement of cash flows
- The ten-step accounting cycle (business transactions to the post-closing trial balance)
- Rules of debits and credits
- Accrual versus cash basis accounting
- Adjusting entries
- Accounting for inventory and receivables
- Long-term liabilities and depreciation
- Analysis of the notes to the financial statements
- Types of financial statements and the CPA opinion
- Examples to reinforce accounting concepts
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David Osburn
Mr. Osburn is the founder of Osburn & Associates, LLC, a Business Training and Contract CFO Firm that provides seminars, webinars, and keynote speeches forCPAs, bankers, attorneys, credit managers, and business owners on topics such as Banking/Finance/Credit, Negotiation Skills, Marketing, and Management Issues. His extensive professional background of over 30 years includes 17 years as a Business Trainer/ Contract CFO and 16 years as a bank commercial lender including the position of Vice President/Senior Banking Officer.
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