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Analyzing Personal Financial Statements & Tax Returns

Course Overview

Analyzing Personal Financial Statements and Tax Returns has been designed to teach bank personnel how to use tax returns and personal financial statements to help estimate the customer’s ability to service debt and the value of the customer’s net assets in the event of liquidation. This fundamental program consists of the following aspects of analyzing personal financial statements and tax returns: evaluating personal financial statements to determine resources available to pay loans; estimating cash flow from personal tax returns for customers with personal investments, or ownership shares in businesses, and involved in partnerships; and determining how taxes influence cash flow and the customer’s operations.



7.5 hours


Instructor-Led Online

Program Level







Who Will Benefit?

This course is designed primarily for credit analysts and 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.


Learning Objectives

Upon completion of this course, participants will be able to:

  • Use personal financial statements to evaluate the resources available to pay loans.
  • Estimate and analyze cash flow from financial statements and personal tax returns.
  • Explain tax fundamentals, including:
    • How taxes influence cash flow.
    • How taxes influence the customer’s operations.


To aid in the process of learning personal cash flow analysis, participants study three cases. Personal financial statements, tax return forms, and cash flow worksheets are included in the case materials. Although one day in duration, this course actively involves participants by including large and small group activities and questions to enhance their understanding of cash flow. Participants learn by practice, which increases retention. Further, such active involvement facilitates participant ability to apply course content when they return to their jobs. The course starts with basic skills and knowledge and builds to more complex and demanding skills and knowledge.

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