HIDDEN RISKS – GETTING BEHIND THE NUMBERS OF A
DEBTOR’S FINANCIAL STATEMENTS

While creditors and investors put increasing emphasis on the analysis of debtor financial statements and credit scoring, most credit managers remain unaware of the hidden risks behind the numbers in a debtor’s financial statements. As bankruptcy filings and accounting scandals continue to multiply, it is more important than ever that a credit manager “Get Behind the Numbers” in a debtor’s financial statements.
This unique informative and entertaining workshop program by Bill Creim identifies key red flags and loopholes in accounting and regulatory procedures - essential information for any credit manager. The program covers:

• Loopholes in Generally Accepted Accounting Principles and SEC Regulations (Enron is just the “Tip of the Iceberg”)
• The Five Accounting Levels of Financial Statements – what each level means for a credit manager in analyzing the debtor’s financial information and evaluating risk
• Financial Statement “Red Flags” –The fifteen “Red Flags of Risk” on debtor financial statements and the questions you need to ask
• Bankruptcy Warning Signs – How to spot a debtor bankruptcy before it happens
• Workshop analysis of a debtor financial statement
• Puffing Profits and Revenues – How debtors manipulate “the Bottom Line”
  

Each attendee receives detailed handout materials.