All financial statements are not equal! Have you always wondered why one client qualified for a bond and another was declined? Help all of your clients qualify for the surety bonds they deserve by understanding the basics of the financial analysis process. You will learn the differences in the quality of the financial reports, the difference between cash and accrual based accounting (and the reason why cash basis accounting is not acceptable to sureties!) Financial Analysis I has clear explanations and examples, providing you with the basic terminologies and information you need. Expedite the underwriting process for your clients and garner more approvals! Set yourself apart from your peers as you gain new underwriting insights! This course will also help you with approvals on insurance coverages that may also require a financial statement as part of the underwriting process. This is NOT an accounting course. It is designed to provide you, the broker, with the tools you need to become savvy in the basics of surety (and insurance) financial underwriting.
| DOI #: | 384956 |
|---|---|
| Hours: | 2 |
| Credits: | 2 |