CUSOURCE® Employee Training
eClass (ILT)
Introduction to Business Financial Statement Analysis
(EMP-LVF-IBFEE01-ILE)
This eClass is comprised of four independent homework sessions and five online sessions, and a
final assessment (quiz and case study).
This eClass will help the new commercial or business lending officer to learn to read and analyze
various financial statements and ratios from a lender’s perspective. It will also assist with assessing a
business’s financial picture and enable the lender to make better informed credit decisions.
This course will equip you to:

Read and understand financial statements from various businesses.

Measure an organization’s profitability, solvency, stability, and liquidity.

Recognize strengths and weaknesses in a business’s financial position.

Determine a business’s creditworthiness for both short and long-term debt repayment.
Why eClass?
Credit unions are asking for timely, relevant, cost-effective ways for their employees to learn. Using case
studies enables practical, skill-building learning that is applicable immediately back on the job. Given the
geographic diversity of our country, the eClass enables employees from across the country to come
together and benefit from this type of learning experience.
The eClass provides a rich, interactive learning environment where employees can spread their learning
over several sessions while never leaving the office. Employees can continue their work duties while taking
a break to complete their course work, giving them the opportunity to consolidate, and apply what they
have learned to date.
Register online
EMP-LVF-IBFEE01-ILE Introduction to Business Financial Statement Analysis
January 2015
CUSOURCE® Employee Training
Duration
eClass (ILT)
Participants need to commit time to the online sessions, independent
homework, and the final assessment (quiz and case study) as per the following
guideline:
Session 1: 120 minutes
Session 2: 120 minutes
Session 3: 60 minutes
Session 4: 60 minutes
Session 5: 60 minutes
Independent homework: 60 minutes
Independent homework: 60 minutes
Independent homework: 90 minutes
Independent homework: 90 minutes
Assessment (quiz and case study): 90 minutes
Audience
This course introduces the most commonly used financial ratios in interpreting “the
numbers” that factor into a credit decision or credit review. As such, it is suitable for
commercial administrators and commercial lenders with up to 1 year of
commercial underwriting experience. Commercial lenders who want a refresher or
who are expanding their commercial portfolio may also find the course helpful.
Pre-requisite
Financial Statement Composition eClass or a basic knowledge of accounting.
Pricing
Click the registration link above and then log into the Learning Gateway to see the
pricing options.
Course Credit
Completion of this course includes successfully passing a final case study
assignment and online quiz.
The online quiz, which is accessed through the participant’s Training Schedule
must be completed immediately following Session 5.
Final assignments will be emailed prior to the start of Session 5 and must be
submitted for marking by 6 p.m. ET on the day of the final WebEx session. A final
mark of 80% or higher is required for course completion. The final mark is a
combination of the case study assignment – worth 70% and the online quiz – worth
30%.
More Information
For help with registration or any questions, contact Client Solutions at
1.888.367.1386 or clientsolutions@cusource.ca.
EMP-LVF-IBFEE01-ILE Introduction to Business Financial Statement Analysis
January 2015
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