Widgets Inc. – Adjusting a Business Owner’s Net Worth

Name: Widgets Inc. - Adjusting a Business Owner’s Net Worth
Availability: InStock
Rating: 5.00 (3 reviews)

Step into the shoes of a commercial credit professional to practice understanding and adjusting a business owner’s self-declared personal financial position.

Explore how company cash flows and personal earnings are connected.
Identify potential risks with a business owner’s personal financial situation.
Make important adjustments to the business owner’s net worth.

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Corporate Finance Institute

Widgets Inc. – Adjusting a Business Owner’s Net Worth

Overview

Widgets Inc. – Adjusting a Business Owner’s Net Worth Overview

Understanding a business owner’s personal financial situation is a critical skill in managing risk for commercial lenders. In this practice lab, we’ll step into the shoes of an SME lender and seek to holistically understand a business owner’s personal finances (within the context of a prospective borrowing request). We’ll dig through the company’s financial results and the owner’s personal net worth statement to try and identify potential risks.

Next, we’ll work through an adjustment template, line-by-line, in order to arrive at a responsible set of insights and a prudent set of adjustments.

Who Should Take This Lab?

This lab is a great building block for early career business and commercial bankers, including relationship managers, analysts, and adjudicators. Other credit professionals like asset-based lenders, commercial real estate lenders, equipment finance professionals, and commercial loan brokers will also get enormous value.

Widgets Inc. - Adjusting a Business Owner’s Net Worth Learning Objectives

Recognize how a business owner’s corporate cash flow and personal earnings are intertwined
Quickly identify risks / potential red flags in a business owner’s personal financial situation
Make appropriate adjustments to reflect an owner’s actual ability to tap into liquid, unencumbered personal assets to inject cash into the corporation or to make whole on a personal guarantee

Prerequisite Courses

Recommended courses to complete before taking this course.

Prerequisite Skills

Recommended skills to have before taking this course.

Financial accounting
Critical thinking

What You'll Learn

Lesson

Multimedia

Exams

Files

Qualified Assessment

This Course is Part of the Following Programs

Why stop here? Expand your skills and show your expertise with the professional certifications, specializations, and CPE credits you’re already on your way to earning.

Commercial Banking & Credit Analyst (CBCA®) Certification

Skills Learned Financial Analysis, Credit Structuring, Risk Management
Career Prep Commercial Banking, Credit Analyst, Private Lending

Learn More

What Our Members Say

excellent experience very interesting

the most inportant benefit is that through these courses you love even more the finance science..!

ANTONIS KOTSOUGLOU

Adjusting the Business Owner's Net Worth

I found this tutorial to be extremely enlightening and helpful in explaining how the bank uses behind-the-scenes adjustments to calculate a truer Total Net Worth.

Helen Ellis

Engaging and Informative

I personally like how the course is very related to the kind of work I do. It helped me understand the nuances of my own work and understand the logics and reasoning behind it. Short videos are easy to watch and one can pause to check whether the concept is properly understood or not. The in between exercises helped get a good hang of material.

Megha Chhonker

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Can I download the Excel files and financial modeling templates for the course?

Absolutely! All the files and templates needed in a course are available for download. Just look for a module that shows Downloadable Files within the course dashboard. See here for a visual guide on how to do this.

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Students are required to complete an online assessment (Multiple choice questions, Fill-in-the-Blanks, and Excel Questions) at the end of each course. You can take the exams on your own schedule and will need to earn at least 80% to pass the course and earn your certificate of course completion. Please note that course exams can be repeated as many times as you need. Students are also required to complete the FMVA® final exam to earn their certification. How to Take a Qualified Assessment

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Widgets Inc. – Adjusting a Business Owner’s Net Worth

Widgets Inc. – Adjusting a Business Owner’s Net Worth Overview

Who Should Take This Lab?

Widgets Inc. - Adjusting a Business Owner’s Net Worth Learning Objectives

What You'll Learn

Background & Context

Analysis

Alternative Scenario & Summary

Qualified Assessment

This Course is Part of the Following Programs

Commercial Banking & Credit Analyst (CBCA®) Certification

What Our Members Say

ANTONIS KOTSOUGLOU

Helen Ellis

Megha Chhonker

Frequently Asked Questions