The National Association of Credit Management: Calendar

About the Program

Financial Statement Analysis (FSAI) is a method of interpreting accounting data in an effort to understand the current financial performance of an entity and project its future health. FSAI keeps the evaluation process simple, but requires a working knowledge of basic accounting principles. The emphasis of the course is on analyzing financial statements issued by companies using fundamental ratio analysis techniques and analysis of the statement of cash flows. These evaluations can be used to determine the operating efficiency, profitability and financial risk of a firm.

Program Instructor

James A. McIntyre, CCE is President of McIntyre Enterprises, LTD., a firm specializing in financial education, training programs and credit consulting. Mr. McIntyre formerly taught Fundamentals of Credit and Advanced Credit Analysis at North Hennepin Community College and is a member of NHCC Business School Accreditation and Advisory Committee. In addition, Mr. McIntyre currently teaches the NACM Credit Administration program for NACM North Central. He served as Chairman of the Board of the National Association of Credit Management from May 1996 through May 1997. Mr. McIntyre was awarded the Alice M. H. McGregor Award of Exceptional Achievement from NACM at the 1999 Credit Congress, and was the 2000 NACM/Robert Half Finance & Accountemps Co-Instructor of the Year.  Mr. McIntyre was elected NACM Instructor of the Year in 2001.

James A. McIntyre, CCE

Program Schedule

Program Prerequisites

It is recommended that participants have successfully completed a basic financial accounting course before enrolling in the Financial Statement Analysis I course. It is strongly encouraged but not required.

Classes fill up, so register early and join us October 6th!

Day One - Sunday
4:30 – 5:30pm
Welcome Dinner – NACM-National Office

5:30 – 8:30pm
Accounting 101
-Review Accounting Processes - From Journal to Financials
Legal Forms of Business
Business Entity Concept
Matching Concept
Understanding Transaction
Journalizing Entries
The General Ledger
Trial Balance
Creating the Financial Statements


Day Two - Monday
8:00 – 8:30am
Continental Breakfast

8:30am – 5:00pm
Chapter 1 - Financial Overview
Financial Accounting Standards Board
Generally Accepted Accounting Procedures
Security and Exchange Commission
Management and Discussion and Analysis
Proxy Statement
Discretionary Issues

Noon – 1:00pm
Lunch

8:00am – 5:00pm
Chapter 3 - Income Statement
In-depth Review of Income Statement Accounts
Statement of Stockholders’ Equity
Segmental Accounting

5:30pm
Dinner at a Local Restaurant
All dinners are held at local restaurants near the hotel. A variety of dinner choices is always available.

Day Three - Tuesday
8:00 – 8:30am
Continental Breakfast

8:30am – Noon
Chapter 3 - Income Statement - continued
In-depth Review of Income Statement Accounts
Statement of Stockholders’ Equity
Segmental Accounting

Chapter 2 - Balance Sheet
Accounting Equation
In-depth Review of Balance Sheet Accounts
Stockholders’ Equity Accounting

Noon – 1:00pm
Lunch

1:00 – 5:00pm
Comprehensive Review - Chapters 1, 2, 3

5:30pm
Dinner at a Local Restaurant

Day Four - Wednesday
8:00 – 8:30am
Continental Breakfast

8:30 – 10:00am
Comprehensive Exam - Chapters 1, 2, 3

10:30am – Noon
Chapter 4 - Statement of Cash Flows
Preparing a Statement of Cash Flows/Indirect Method
Cash Flow-Operating Activity
Cash Flow-Investing Activity
Cash Flow-Financing Activity
Analysis Using Statement of Cash Flows

Noon –1:00pm
Lunch

1:00 – 5:00pm
Chapter 4 - Statement of Cash Flows - continued
Preparing a Statement of Cash Flows/Indirect Method
Cash Flow-Operating Activity
Cash Flow-Investing Activity
Cash Flow-Financing Activity
Analysis Using Statement of Cash Flows

Chapter 5 - Guide to Earnings and Financial Reporting
Revenue Recognition
Financial Checklist
Earning Recognition

Day Five - Thursday
8:00 – 8:30am
Continental Breakfast

8:30 – Noon
Chapter 6 - The Analysis of Financial Statements
Common Size Analysis
Ratio Analysis

Noon - 1:00pm
Lunch

1:00 – 5:00pm
Chapter 6 - The Analysis of Financial Statements - continued
Common Size Analysis
Ratio Analysis
Analyze the Data

5:00 – 8:00pm
Review Session and In-house Pizza Dinner

Day Six - Friday
8:00 – 8:30am
Continental Breakfast

8:30 – 10:00am
Comprehensive Review - Chapters 4, 5 & 6

Noon – 1:00pm
Lunch

1:00 – 5:00pm
Comprehensive Exam - Chapters 4, 5 & 6
In order to give you sufficient time to take the final exam, we strongly recommend that your return flight be scheduled to depart after 5:00pm on the final day of the program or the following morning. Please do not plan on leaving the national office for the airport before 5:00pm.

There will be a reasonable amount of homework at the end of each day’s session. Chapter questions, cases studies and financial statements will be distributed to students when applicable during the course.

*Schedule is subject to change.