|Understanding and quantifying global cash flow is becoming more of a necessity for financial institutions that lend money to businesses.
Understanding and analyzing information in personal income tax returns is an important aspect of recognizing the financial condition of loan guarantors. To accurately calculate global cash flow, a lender needs to know how to take information in personal tax returns and apply it correctly.Learning Objectives
Lenders will learn how to interpret information contained in personal tax returns to determine the ability of customers who guarantee loans to add strength to loan requests. We'll work with individual federal tax return forms and schedules to help identify the places in tax returns that address cash flow as well as places that don't.
Learn what forms and schedules in personal tax returns that they should pay attention to and what you should ignore.
Covered Topics Include:
Who Should Attend?
- Understanding those sections of the tax return that are important for determining a borrower's ability to generate cash flow
- Identifying cash inflows and cash outflows from tax returns
- The relevance of information contained in various tax schedules
- The difference between cash flow and taxable income
- Understanding how personal cash flow is generated from owning small businesses, sole proprietorships, partnerships, corporations and limited liability companies
Credit Analysts, Loan Officers, Branch Managers and Loan Committee MembersAbout Your Presenter
Vincent DiCara has been involved in evaluating the credit needs of businesses for thirty years as a business advocate, lender, credit analyst, and trainer.
Since 1995, Mr. DiCara has developed and conducted a wide variety of training programs for individuals who work in the financial services industry sector. His training clients include organizations in the credit union, banking, economic development, and community development fields. Mr. DiCara's training programs have become known for their ability to foster an informal and participatory environment in which students are empowered to learn.