Accounting Fundamentals for Lenders

Tuesday, June 25th, 2024 1:30 pm - 3:30 pm Central Time

A Program

Click Here to register for program $299.00

Click Here to register for program and receive recording $449.00

This course helps you understand the flow of accounting, including identifying economic events and how they are reported in financial statements. The course will also demonstrate how the Balance Sheet, Income Statement, Reconciliation of Net Worth, and Cash Flow Statement are developed and connected to each other. Since the instructor is a banker, the approach to the credit analysis process will be from a banker’s perspective. Case studies will be used to reinforce concepts presented.

A banker’s understanding of accounting fundamentals is essential to the application of sound financial statement and credit analysis. Accounting is the language employed to communicate financial information. It is the process of identifying and measuring economic events, then classifying, recording, and summarizing the measurements and reporting the information to permit judgments and decisions by the users. Bankers rely on this accountant-prepared information to make such decisions.

What You'll Learn
  • The Influential Organizations Related to the Accounting Industry
  • Underlying Assumptions Used by Accountants
  • Rules of Debits and Credits
  • Construction of the Balance Sheet, Income Statement, Reconciliation of Net Worth, and the Statement of Cash Flow
  • The Relationship Between the Income Statement and the Balance Sheet to Gain a Better Understanding of the Logic in Calculating Credit Ratios and Cash Flow
  • Difference Between Accrual and Cash Basis Accounting


Jeffery W. Johnson started his career with SunTrust Bank in Atlanta as a Management Trainee and progressed to Vice President and Senior Lender of SouthTrust Bank and Senior Vice President and Commercial Banking Division Manager for Citizens Trust Bank of Atlanta.