Overview

This webinar will provide the banker with the “basics/refresher” of accounting. The training session will demonstrate how the income statement, statement of owner’s equity, balance sheet and statement of cash flows are developed and connect to each other.

The session also will cover the “ten step” accounting cycle leading up to the creation of the financial statements, including the rules of debits and credits, accrual versus cash basis accounting, adjusting entries, accounting for inventory and receivables, long-term liabilities and depreciation, proper analysis of the notes to the financial statements, types of financial statements and the CPA opinion.

The webinar will include several “hands-on” examples to reinforce the accounting concepts.

Objectives

  • the four financial statements - income statement, statement of owner’s equity, balance sheet and statement of cash flows
  • the ten step accounting cycle (business transactions to the post-closing trial balance) 
  • rules of debits and credits
  • accrual versus cash basis accounting
  • adjusting entries
  • accounting for inventory and receivables
  • long-term liabilities and depreciation
  • analysis of the notes to the financial statements
  • types of financial statements and the CPA opinion
  • examples to reinforce accounting concepts

Who Should Attend

commercial lenders, credit analysts, branch managers, private bankers and business development officers

CPE Continuing Education

CPE will be granted to registered attendees upon request.
Specialized Knowledge – 6 credits
Instructional Delivery Method: Group Live
Prerequisites: Advance knowledge of bank practices.
Program Level: Advanced
Advanced Preparation: None

Presenter

David L. Osburn, MBA, CCRA
Osburn & Associates LLC

David is the founder of Osburn & Associates LLC, a business training and contract chief financial officer firm. His extensive professional background spanning more than 30 years include work as a business trainer/contract CFO and work as a bank commercial lender, including the position of vice president/senior banking officer. His banking credentials include loan underwriting, loan workout management and business development.

Osburn holds the professional designation of Certified Credit & Risk Analyst as granted by the National Association of Credit Management.

For More Information

Contact the MBA Education Department at 573-636-8151 or email.

Register

register icon    Online             
phone icon    Phone 573-636-8151 
mail icon    Mail check payable to Missouri Bankers Association and form to:
Missouri Bankers Association
P.O. Box 57
Jefferson City, MO 65102

Registration Fees

Fee includes presentation slides. 

  • MBA Member Fees
    • $340 per person
    • $300 per person for each additional person
  • Nonmember Fee
    • $1,360 per person
Remember that this registration is per person only; multiple people in the same room attending the program is discouraged. The only exception is when all the registrants have enrolled separately and each registrant has paid their own individual registration fee.

Schedule

8:45 a.m. Zoom Login
9 a.m.  Seminar Begins 
Noon Lunch 
12:30 p.m.  Seminar Resumes 
3 p.m.  Adjournment 

Cancellation/Refunds

Full refunds will be granted for cancellations received by MBA at least five days before the seminar date. After that date, an administrative fee of $10 per canceled registration will be retained. Cancellations will not be accepted two days before the seminar. Substitutions are always permitted.

Webinar Instructions

Attendees will need internet access and a standard web browser to join this video and web conferencing. Attendees will receive an email with a link to join the virtual seminar, handouts and any additional information a few days before the event.

A personal Zoom account is not necessary. You will use the link, meeting ID and password we provide.

  • You can log in on a desktop computer, laptop or download the Zoom app on a smart device.
  • internet access
  • audio on computer or a phone line
IntraFi