|Event Date||Fri Apr 3 EDT (over 1 year ago)|
|Location||East Central, PA, USA|
Analyzing Construction Contractors includes a review of the two primary accounting methods, plus tax implications; a discussion of the content and purpose of the "contractor status report"; a section on credit analysis; and practical guidance on assessing the contractor's ability to repay the loan through cash flow rather than collateral or guarantees.
Credit analysis topics include financing sources, company overview, financial analysis, operating performance, liquidity, leverage, and solvency. The Participant's Manual and the course textbook, Analyzing Construction Contractors, are integrated to allow easy comparisons between classroom notes and particular topics in the textbook.
Who will benefit?
The course is for bankers and creditors who need to know how to structure viable credit accommodations for construction contractors.
• Compare and contrast the contractor accounting methods: completed contractor and percentage of completion.
• Evaluate the contract status report.
• Analyze the operating performance, liquidity, leverage, and solvency of the contractor.
• Estimate repayment ability from cash flow, collateral, and guarantees.