Class Details Financial Statement Analysis I 04/5/2022 3:00 PM PT - 6:00:00 PM PT This class provides the student with an overview of basic financial statements, qualitative issues in using these reports, and analysis of these statements for the purpose of making trade credit decisions. The class will address the purposes and composition of the balance sheet, operating statement, and cash flow statement, the audit letter and footnotes, GAAP/IFRS and common deviations, various techniques used in statement analysis to evaluate liquidity, operating performance, and leverage, including common-sizing and ratio analysis; cash flow analysis; and the use of these techniques in trade credit decisioning. Meets weekly on Tuesday's starting April 5, 2022 – June 7, 2022 from 3:00 - 6:00pm Required for Credit Business Associate (CBA).** Additional charge of $110.00 for text + shipping. Textbook will be ordered for students by NACM Commercial Services. Instructor: Rod Wheeland, CCERod Wheeland served as the senior executive of NACM Commercial Services and predecessor companies for twenty-three years. He has worked in and around trade credit for four decades, and before coming to NACM in 1995, he was Corporate Credit Manager for Pendleton. Rod served for seven years on the NACM Commercial Services Board of Directors, which he chaired in 1991-92. He chaired the National Presidents Credit Council (Riemer), an association of present and past presidents of eighty national industry credit groups, and he’s a past chairman of the NACM Affiliate Secretarial Council, which represents NACM Affiliates on the NACM National Board of Directors. Rod has a master’s degree from York University in Toronto, a bachelor’s degree from Eastern Washington University in Spokane, and achieved CCE certification in 1991 and the CAE in 2007. Event Sponsor: NACM Commercial Services Course Level: C - Core Credits: CEU: 0.000 CCE: 0.000 Location: NACM CS Offices & Via Zoom in Outlying Areas Price: Members: $415.00 Non-Members: $615.00 *Price is for admission only. Some events, especially college credit classes, have additional costs associated with materials, such as text books. See the event comments above for more details. Membership discount eligibility is at the discretion of the event sponsor. Cancellations will be accepted for full refund no later than five working days prior to event — substitute attendees accepted up to day of event.