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October 11, Union University – Barefoot Student Union Building/Carl Grant Events Center, Jackson - Directions
October 12, TBA Barrett Training Center, Nashville
October 13, UT Conference Center, Knoxville - NOTE: The October 13 Session has been moved to November 18, UT Conference Center, Knoxville
Early Registration deadline is September 26, 2011
Program Speaker: John Barrickman, New Horizons Financial Group
One of the more challenging aspects of lending is analyzing personal financial statements and tax returns. Assessing the borrower’s ability to convert assets to cash to pay short-term debt or honor a guaranty often requires significant adjustments to the borrower’s reported net worth. Adjusted gross income on Form 1040 bears no relationship at all to cash available to pay personal living expenses and debt service. To determine cash available, the lender must construct a personal cash flow using information contained in the personal financial statement and schedules of the tax return. Lenders recognize that the business and personal financial affairs of small business borrowers are closely intertwined necessitating the integration of business and personal cash flow to determine global cash flow.
Schedule:
8:30 am Registration
9:00 am Program begins
Noon Lunch
1:00 pm Program resumes
4:00 pm Adjourn
Continuing Education Credit:
6.5 hours CPE credit
6.5 hours ICB credit
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TBA Members / Associate Members
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Nonmembers |
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Early Registration |
$220 |
$440 |
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Early Registration deadline is September 26, 2011 |
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Registration |
$250 |
$470 |
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At-the-door |
$300 |
$520 |
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