Type: online

Period: continuously accessible

Price: free

Access from the current date for 60 days.

Education is accessible for financial organizations in the region.

As a rule, micro businesses conduct their operations rather informally. Among other aspects, this means a low level of documentary support of their business operations. It is important for micro enterprises that decisions are made fast and without bureaucratic delays.

Unlike the segment of small, medium-sized and large enterprises which can provide official balance sheets, profit and loss statements, and other official reporting documentation, micro enterprises produce most of the information to credit specialists in verbal form, and credit specialists have to verify this information by cross-checking methods

This course is aimed to transfer knowledge on the topics such as collecting, processing and analyzing information, cross-checking data, forming conclusions and assessing both the business, and the household of potential borrowers. This knowledge is necessary for making effective credit decisions.

After studying this course, participants will learn to:

  • understand the main characteristics of microenterprises, which will help them to carry out a qualitative analysis of economic activity;
  • analyse the business activities activities of microenterprises based on recommendations presented in the course (information recording, assessment of the actual business condition);
  • use the methodology (methods) for collecting and retrieving information at the main stages of the credit cycle;
  • use the main financial statements to reflect and process information received in the course of analysis: Balance sheet, P&L, Cash Flow, financial ratios;
  • compile financial statements that are necessary for the assessment of business activities of the micro segment clients: Balance sheet, P&L, Cash Flow;
  • conduct data cross-checking and comparative analysis;
  • conduct timely and high-quality monitoring of outstanding loan debt.

The material of the course topics is presented in the form of theoretical blocks, video and audio materials, interactive animations, practical case studies, self-tests, and online practical assignments on the compilation of studied financial statements.

The course includes 12 lessons.

The average duration of the course is 6-8 weeks. Each lesson takes 45 minutes on average. We recommend studying one or maximum two lessons per week.