Course Overview
Analyzing Business Tax Returns teaches the participant how to understand tax concepts related to various business entities and how to use tax returns to help estimate the customer's ability to service debt.
This basic course consists of several aspects of analyzing tax returns, including estimating cash flow from tax returns and determining how taxes influence cash flow and the customer's operations.
The course addresses all types of business entities—C-corp, S-corp, LLP and LLC—using various case studies.
Who will benefit from this course?
This course is designed for commercial loan officers who lend to individuals and small businesses. However, all bankers who need to increase their understanding of income tax returns and cash flow will benefit from attending this course.
How this course will help you meet the challenges of your career and today's market
As a result of your participation in Analyzing Business Tax Returns, you will:
- Have an understanding of the tax return most relevant for cash flow estimation.
- Know which sections of the tax return can be ignored.
- Be able to use a simple worksheet to approximate the business's cash flow and develop the ability to use the system on the job.
- Know how to develop a basis for predicting future cash flow.
- Estimate and analyze cash flow from business tax returns.
- Obtain a better understanding of tax fundamentals.
- Understand how taxes influence cash flow.
- Understand how taxes influence the customer's operations.
Prerequisites
Participants are expected to have a thorough knowledge of financial accounting.
The Participants Manual can be purchased online or by contacting RMA's Customer Care at 1-800-677-6721.
To order the Instructor's Guide (Product No.: 601902), please contact Stacy Forcina
at 1-215-446-4065.