This course focuses on issues not evident in a FASB #95 cash flow statement that can change the lender’s view of a company’s capacity to generate cash flow. The class will demonstrate how the footnotes provide a better understanding of the company’s future off-balance sheet obligations, liquidity and actual results. The course introduces a cash flow definition that focuses on future debt repayment while considering the company’s necessary and on-going operational needs.
- Understand how accounting affects cash flow and interpretation of results.
- Assess earnings sustainability in relation to working capital and capital expenditures.
- Develop forecasts driven by key cash flow drivers.
Experienced lenders who require an enhancement of their cash flow analysis skills.