Dates of Event & Pricing

$295 for Webinar and Playback*

*Playback has no expiration

  • Friday, July 31, 2020

  • 2:00 – 3:30 pm (Eastern Time)

  • 1:00 – 2:30 pm (Central Time)

  • 12:00 – 1:30 pm (Mountain Time)

  • 11:00 – 12:30 pm (Pacific Time)

Curriculum

This 90-minute accounting webinar gives newcomers to banking, as well as veterans to the industry a quick, easy-to approach to the understanding of your bank’s (or any other bank’s) basic businesses by analyzing the bank’s GAAP financial statements.

The bank accounting webinar shows how the analyst can focus on the activities of the bank by simply viewing parts of the financial data in the GAAP financial statements.

Auditors, clients and others become impressed with the analysis. They learn to easily perform the analysis to obtain a “down and dirty” understanding of the bank being analyzed. For the first time analysts learn about a bank’s business and its approaches to banking in general.

The short easy-to-use analysis is an eye opener. The analysis allows the reader to understand how the bank operates in its current environment by making careful comparisons of financial statement numbers and key relationships and financial comparisons.

The bank accounting webinar carefully reviews the balance sheet, income statement, statement of cash flows, a few key ratios, and a few footnote information disclosures of a selected community bank. The review allows the analyst to obtain the “big picture” view of what the bank being analyzed is all about.

The analysis takes financial statement amounts and disclosures from the published GAAP financial statements and shows how that info is used to explain the bank functions of:

  • Funding
  • Lending
  • Investing
  • Trading
  • Fee-Based Activities
  • Support Activities


Certain ratios and key comparisons among the financial data allows the analyst to ask the important questions needed to probe what the bank is about; how it operates; what products and services it specializes in; who it deals with; how it is performing etc. It helps the analyst visualize where the bank ranks in its peer group. It also allows for serious presentations and analysis to explain the meaning of the key ratios and the financial business approaches currently used by the bank to generate ongoing profits.

This accounting webinar “creates” an analyst who is equipped with the tools needed to immediately understand the bank being analyzed so he or she can focus on the important areas. The result is an analyst who asks the “right questions” to obtain the “right information,” and who avoids spending time on “not-so important” areas. It creates an efficient approach to bank analysis.

The simple, quick financial statement analysis gives the webinar attendees information that otherwise would take years to understand by time consuming inquiries and testing.

The analysis is scalable. It works for all size banks and for simple operations as well as complicated operations.

The analytical approach in this webinar provides the first key step in the overall learning process. The approach opens up the analysts mind to asking pertinent questions about the bank. It’s the first available valuable tool that avoids getting bogged down in unnecessary details and trivial information. It helps the analyst see the “big picture.” Indeed, it is the key to everything else.

Webinar attendees will take away a valuable model of how to quickly obtain information that is essential to understanding the bank and how it operates.

Instructor

  • Paul Sanchez

    Paul Sanchez

    PSA Professional Service Associates / Founder


    Paul J. Sanchez, CPA, CBA, CFSA conducts a CPA practice in Port Washington, New York. He is also the owner of Professional Service Associates (PSA), a consulting and professional training and development business servicing corporate clients (auditors, controllers, etc.), CPA firms, professional associations and others. He was an assistant professor at Long Island University – C.W. Post Campus as well as an adjunct lecturer at City University of New York. Prior to starting PSA, he was the Vice President-Professional Development for the Audit Division of a regional bank and Director of Professional Practices and Vice President of a money-center bank, where he directed the professional practice development and training for internal auditors.

Credits

1.5 CPE Credits & 1.8 AAP Credits