Type: online

Period: continuously accessible

Price: free

Access from the current date for 60 days.

Education is accessible for financial organizations in the region.

Are you a loan officer for small and medium-sized enterprise finance (SMEs)?

Do you conduct consolidated analyses of related companies of the SME segment and know that this is not easy?

Do you want to be sure of the quality of your work on data consolidation of the key financial statements?

This course will help you learn about professional nuances and secrets of data consolidation when analyzing SME clients.

The goal of the course “Data Consolidation and relationship between financial statements in SME analysis” is to teach students to conduct consolidated analyses of related parties of the SME segment and to use cross-checking tools for data verification in consolidated financial statements: the balance sheet, the profit and loss statement (P&L) and the cash flow statement (Cash-flow).

The course is targeted at experienced loan officers and middle managers of financial organizations working with SME clients.

The course will also be interesting for officers or middle managers responsible for making decisions on SME loans.

It is understood that you have experience in SME lending and in conducting consolidated analyses, understand the structure of analytical financial statements (the balance sheet, the P&L, and the Cash-flow statement) and know how to compile them.

In undergoing this course, you will:

  • learn why owners establish several companies when doing business;
  • explore signs that help you identify hidden companies;
  • learn in detail about the difficulties of consolidated analysis and how to deal with them;
  • learn what VAT (value added tax) is and how it can be reflected in accounting of companies;
  • explore the possible approaches to consolidation of financial items that may be recorded inclusive or exclusive of VAT;
  • study in detail comparative analysis, cross-checking based on the relationship between financial statements;
  • study an additional form of comparative analysis, indirect cash-flow compilation.

You will consolidate theoretical knowledge by undergoing practical examples.

The course consists of 10 lessons. Upon completion of the course, you will be offered to take the final test. In case of passing the test, an electronic statement of successful course completion will be automatically generated by the system.