Refresher for Bankers: Accounting Crash Course - All You Need to Know

Why Should You Attend:

This webinar will provide the banker with the basics/refresher of accounting. The webinar will demonstrate how the income statement, statement of owner’s equity, balance sheet, and statement of cash flows are developed and connect to each other.

The webinar will also cover 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.

Finally, the webinar will include several hands-on examples to reinforce these accounting concepts.

Areas Covered in the Webinar:

• 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

Who Will Benefit:

• Business Owners
• Commercial Lenders
• Credit Analysts
• Loan Documentation Specialists
• Branch Managers
• Private Bankers
• Business Development Officers
• Compliance Managers & Officers
• Risk Managers and Officers
• Controllers
• Presidents/Vice Presidents
• Managers/Supervisors
• Sales Representatives
• Marketing Personnel
• Retail Businesses Owners
• Maintenance and Security Employees
• Stock Room Personnel
• Business Vendors

David L Osburn
Owner, Osburn and Associates, LLC

David L. Osburn is the founder of Osburn & Associates, LLC, a business training and contract CFO firm that provides webinars, seminars and keynote speeches for CPAs, bankers, attorneys, credit managers, and business owners on topics such as banking/finance/credit, negotiation skills, marketing, and management issues.

Mr. Osburn’s contract CFO clients include medical practitioners, financial institutions, law firms, CPA firms, architects, real estate developers, and contractors. His extensive professional background of over 30 years includes 16 years as a business trainer/contract CFO and 16 years as a bank commercial lender including the position of vice president/senior banking officer. His banking credentials include loan underwriting, loan work-out, management, and business development.

He has been an adjunct college professor (MBA and undergraduate courses) for over 30 years, teaching at Regis University and the College of Southern Nevada. He holds an MBA from Utah State University, a BS in Finance from Brigham Young University, and is a graduate of the ABA National Commercial Lending School at the University of Oklahoma. Additionally, Mr. Osburn holds the professional designation of Certified Credit & Risk Analyst (CCRA) as granted by the National Association of Credit Management (NACM).

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