RC_LA_FM_300.1 Financial Statement Analysis
Member Price: $49.00
Nonmember Price: $79.00
Product Code: DL2-011041-WC-WPurchase
This is a single-family/residential course.
Financial Statement Analysis introduces the financial reconciliation and analysis of the balance sheet and the income statement. It begins by examining the reconciliation of various asset accounts: the principal balance account, accrued interest receivable, escrow advance, P&I advances, and corporate advance.
Next, it looks at types of liability accounts and examines how one liability account-accrued interest on escrow payable-is reconciled. It then reviews the analysis of various types of income: service fee income, interest income, late charges, and other sources of income. The course ends with a look at expense analysis, focusing on three expense accounts that should be carefully monitored: corporate advance, pool interest expense, and interest on escrow.
- Balance Sheet/Asset Reconciliation
- Balance Sheet/Liability Reconciliation
- Income Statement/Income Analysis
- Income Statement/Expense Analysis
Seat time approximately one (1) hour.