Here is the survival guide package for small business credit analysis training.
A basic course on credit process.
Followed by two courses on credit and ratio analysis.
Both courses assume familiarity with finance and accounting which is covered via two basic refreshers and six case studies.
The order with you should move through is as under if you are [...]
The course assumes that you have some basic knowledge of ratio analysis, finance and accounting. The ratio analysis course listed below like the accounting and finance courses is a basic course. You also need to review the Small Business Credit Analysis course to get deeper into the credit analysis performed by a bank.
Ratio Analysis Training: [...]
The course assumes that you have some basic knowledge of finance and accounting. If you need a quick refresher and if you haven’t had a chance to look at the accounting and finance training material earlier please review the first courses in accounting and finance:
Corporate Finance Training Courses: First Course in Corporate Finance – Training [...]
The easiest way to learn Finance is to review finance cases. Interesting cases put relevant concepts in perspective and the numerical examples allow you to follow through calculations. Here is a list of finance cases from Learning Corporate Finance
Finance Training Case: AMD: Valuation and Projections: Case Guide
Finance Training Case: Corporate Finance: LLC or C-Corp
Finance Training [...]
Small business owners in addition to understanding the business also need to understand two basic subjects. Finance and accounting. Here are two free online courses on accounting and finance that provide introductory training in accounting and finance. You can jump straight in or take a more detailed tour that follows:
Corporate Finance Training: First Course in [...]
Once you have completed the first two training courses in accounting and finance the next step is the ratio analysis training course. The Ratio analysis course is important because it leads into the credit analysis and credit process material covered in later sections
Corporate Finance Training: Ratio Analysis – understanding the language
If you haven’t had a [...]
Accounting short course – Reviewing the Trial Balance
Let us consider a comprehensive example that uses everything that we have learnt up until now.
Following are the business transactions of a newly formed business setup by Andrew.
2010 Accounting transaction
May 1 Started business with $50000 in the bank.
May 2 Bought inventory on credit from: Smith $6000, Rachel $3000, [...]
The basic accounting short course for small business was put together as a quick survival guide for accounting neophytes. As small business owners most of us understand debit and credit and the concept of Journals and Ledgers, some of us missed the formal organization of an accounting course. The course starts with the very basics [...]
Accounting short course: Introducing the Trial Balance
Until now, we have been reviewing how to record business transactions. Given the volume and details involved in recording accounting transactions tedious work and there are chances of making mistakes. Accounting systems and accounting process realizes this limitation and has a control process in place to identify, [...]
So a quick recap. All the items that cannot come in the purchases and sales ledger have their accounts in the general ledger. Apart from these accounts sales, purchases, sales return and purchase return have their accounts in the general ledger as well. For the transaction mentioned and covered in the previous section of [...]
