Commercial Loan Analysis (CLA)  

The Note on Accounting Fundamentals and Risk Assessment allows the non-technical layman to grasp and apply debits and credits in constructing cash and accrual statements.   

The Note on Business Organizations and Understanding the Numbers defines and compares different business organizations, as well as explores the financial adjustments necessary to properly analyze Subchapter S corporations, partnerships, LLCs, and sole proprietorships.  

The Note on Cash Flow Formats and Risk Assessment illustrates similarities and differences between the common cash flow formats and examines their relative usefulness.  

The Note on Constructing and Using Cash Flow Statements in Assessing Risk explores the construction process and resulting use of the FASB 95 Indirect and the UCA cash flow statements.  

The Note on Developments and Trends in the U.S. Banking Industry provides a brief historical perspective from the National Banking Act of 1863 to the Financial Modernization Act of 1999.  

The Note on Financial Statement Preparation and Risk Assessment reviews specific shifts in borrower risk profiles as statement quality improves or deteriorates.  

The Note on Key Accounting Principles and Risk Assessment examines several basic accounting principles and probes the likely impact on financial statements and financial analysis in their absence.  

The Note on Key Ratios and Risk Assessment provides an overview of ratio construction and application, with references to necessary adjustments as business organizations differ.  

The Note on Understanding and Using Personal Financial Statements in Assessing Risk reviews verification and valuation issues in estimating the cash net worth of borrowers or guarantors.  

The Note on Using Footnotes in Assessing Risk examines the critical role of footnotes in clarifying the relevance of critical balance sheet and income statement accounts.