When financial statements are not spread in accordance with RMA spreading guidelines, credit approvers are not provided with all the information they need to make the best informed credit decision.
RMA's Guide to Spreading Financial Statements surfaces what might have been otherwise overlooked risks. Once identified, those potential risks can then be factored into credit decisioning and loan structuring and lead to a more sound credit portfolio.
The most recent edition of the 2021-2022 Annual Statement Studies was compiled using the 2017 NAICS, managed and revised by the US Census and OMB.
For the 2022 Submission Campaign RMA will be accepting 2017 NAICS. We will not be converting to the 2022 NAICS until the 2023 Submission Campaign, due to the date range criteria for financial submission for 2022.
For your reference, you may view the 2012 to 2017 NAICS mapping, or you may view the US Census Bureau site.
If you are a software company interested in incorporating and licensing the Statement Studies data into your products, contact Shea Scarpa Gardner at firstname.lastname@example.org.