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Financial Statement: Reading and Understanding the Balance Sheet

Learn how to break down and understand the balance sheet section by section.

Many people may have financial statements in front of them but they do not know what they should be looking for. The financial statements can be seen as a maze as there is so much information and people do not know where to start looking first. Learn where you can find the balance sheet information you need and then depending on your needs (are you looking to invest in the firm, be employed by the firm, consider getting a loan or extending a line of credit) how to break down the balance sheet section by section, do comparisons, calculate ratios, and make a final decision. Gain the tools needed to do everything mentioned above and make sound decisions for your organization.

82 minutes
Course Exam
Certificate of Completion
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Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

Where to Find Balance Sheet Information - SEC Website, Audited Financial Statements

What Is the Make-up of the Balance Sheet and What Should One Look for to Analyze?

Understand Current Asset and Current Liabilities, What They Are and How They Impact Working Capital

Discuss How to Common Size the Balance Sheet so It Can Be Used for Comparative Purposes

Discuss and Explain the Important Ratios That Can Be Pulled off of the Balance Sheet; Liquidity Ratios, Leverage Ratios

How to Gather Information and Make Decisions for; Setting a Line of Credit, Deciding to Buy Stock in This Company, Make a Loan to Them

The 5 C's of Credit -Most of Them Come From the Balance Sheet

How to Finalize Your Decision and Present It to Management

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Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Course

This course was last revised on January 22, 2021.

Call 1-866-352-9540 for further credit information.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

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Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Ronald A. Sereika

Ronald A. Sereika

Mspark

Ronald A. Sereika, CCE, CEW

  • Director of credit and payment solutions for Mspark
  • 34 years of managing credit departments
  • Speaker at NACM Credit Congress and NACM Eastern Credit conference, and taught NACM CAP classes
  • Author of articles in Credit Magazine, The importance of building relationships
  • Member of NACM and past member of several trade groups and NAA
  • 2010 NACM Instructor of the Year, 2013 NACM CCE of the Year
  • B.S. degree in accounting, Fredonia State University; certification in credit and finance, Amos Tuck School at Dartmouth University
  • Can be contacted at [email protected] or 585-705-0304
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Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

All of your training, right here at Lorman

All of your training, right here at Lorman.

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Product ID: 408226
Published 2021
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