Video

  • 6 minutes

Types of Financial Statements

 

Determining the type of financial statement includes determining the quality of the financial statement.

Company prepared financial statements include the use of QuickBooks®, which is considered to be a state of the art, top notch software amongst the CPA community, but some commercial lenders feel the opposite. However, it’s not the software they should be concerned about; it’s the person that is preparing the statements that are a bigger concern. In this video our speaker, David L. Osburn, M.B.A., CCRA, reviews the levels of financial statements reporting including company prepared, compiled, reviewed and audit.

 

 

Runtime: 5 minutes

Agenda

Faculty

David L. Osburn, M.B.A., CCRA

David L. Osburn, M.B.A., CCRA

Osburn & Associates, LLC

  • Founder of Osburn & Associates, LLC
  • Contract CFO clients include medical practitioners, financial institutions, law firms, CPA firms, architects, real estate developers, and contractors
  • Extensive professional background of over 30 years encompasses 21 years as a business trainer/contract CFO and 16 years as a bank commercial lender including the position of vice president/senior banking officer
  • Banking credentials include loan underwriting, loan work-out, management, and business development
  • Has been an adjunct college professor for over 30 years including the College of Southern Nevada
  • Holds the professional designation of Certified Credit & Risk Analyst (CCRA) as granted by the National Association of Credit Management (NACM)
  • M.B.A. degree, Utah State University; B.S. degree in finance, Brigham Young University; graduate of the ABA National Commercial Lending School, University of Oklahoma

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