$150 for non Members Click 'Available Date' to purchase
Overview
This 90 minute case-based live webcast is for both relatively new analysts and lenders as well as for experienced analysts and lenders who could benefit from a review of the differences between generic accrual accounting and not-for-profit accrual accounting and the application of traditional analytical techniques to not-for-profit financial statements in identifying key risk issues for a not-for-profit organization.
Review and examine the objectives of not-for-profit organizations and associated not-for-profit accounting and the resulting impact on the form and structure of not-for-profit financial statements;
Review and examine the basic differences between standard accrual accounting and not-for-profit accounting, including differences in terminology, format, and analytical content;
Review and examine the three types of restricted assets and the adjustments necessary to conduct useful ratio and cash flow analysis;
Review and examine the more common covenants and conditions that apply to not-for-profit credit facilities, including leverage constraints and unrestricted cash and equivalents relative to interest-bearing debt obligations;
Review and examine the most useful financial performance measures, such as financial ratios and cash flow statements, that provide the best insight into shifts in a not-for-profit’s risk position and assessment of its risk profile; and
Explore the usefulness and information content of a modified Uniform Credit Analysis (UCA) cash flow statement in identifying historical and projected borrowing causes and sources of cash to service interest-bearing debt.
Course
Materials
Credit Refresher on Not-for-Profit Basics
Multi-step Exercise
Excerpts from United Way Atlanta, Charleston Diocese, and Community Chapel Financial Statements
Selected Risk Measures for United Way Atlanta, Charleston Diocese, and Community Chapel
Presentation Slides
Wrtten Solutions
Upon
Completion
Participants who closely follow the instructor’s presentation and carefully review the written solutions will be able to:
Understand the objectives of not-for-profit organizations and associated not-for-profit accounting and the resulting impact on the form and structure of not-for-profit financial statements;
Understand the basic differences between standard accrual accounting and not-for-profit accounting, including differences in terminology, format, and analytical content;
Understand the three types of restricted assets and the adjustments necessary to conduct useful ratio and cash flow analysis;
Understand the more common covenants and conditions that apply to not-for-profit credit facilities, including leverage constraints and unrestricted cash and equivalents relative to interest-bearing debt;
Understand the most useful financial performance measures, such as financial ratios and cash flow statements, that provide the best insight into shifts in a not-for-profit’s risk position and assessment of its risk profile; and
Understand the usefulness and information content of a modified Uniform Credit Analysis (UCA) cash flow statement in identifying historical and projected borrowing causes and sources of cash to service interest-bearing debt.
How
to Order
Click the specific "Available Date" link at the top of the page to purchase Shockproof! Training or enroll in a Webast. Or Contact
Us for a personalized review of your credit
training needs.
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