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The CPA’s Role In Negotiating Loan Covenants

5 (1)

David Osburn

Osburn & Associates, LLC

  • CPA (CA)
  • CPA (US)

Published: September, 2021

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Before starting this self study program, please go through the instructional document.

Overview

  • Common Types of Loan Covenants
    24 mins
  • Personal Cash Flow
    48 mins
  • Global Cash Flow
    53 mins
  • Calculating Financial / Loan Covenants
    68 mins
  • Additional Loan Covenants
    81 mins
  • Creating, Negotiating, Setting, and Monitoring Loan Covenants
    98 mins

Course Description

It has been observed that the banks have been very strict with their rules in the arrangement of loan covenants. Breaching or tripping any of the covenants may have a devastating effect on the business.

In this webinar, the speaker provides an in-depth understanding of how a CPA can gain key knowledge about the construction of the covenants and the power to negotiate the same.

Key Topics covered in this Accounting CPE webinar:

  • Review financial covenants including what is a covenant and why are they used.
  • Explore the common type of financial covenants including the Current Ratio, Debt to Equity Ratio, and EBITDA formulas.
  • Evaluate additional financial covenants including those dealing with Fixed-Charge Coverage, Net Worth, and the BBC.
  • Discuss creating, negotiating, setting, and monitoring financial covenants.
  • Cover the institution’s recourse when a covenant has been broken.
  • Utilize case studies to summarize the webinar ideas.

Learning Objectives

  • To review financial covenants including what is a covenant and why are they used.
  • To discuss the common type of financial covenants including the Current Ratio, Debt to Equity Ratio, and EBITDA formulas.
  • To evaluate additional financial covenants including those dealing with Fixed-Charge Coverage, Net Worth, and the BBC.
  • To discuss creating, negotiating, setting, and monitoring financial covenants.
  • To analyze the institution’s recourse when a covenant has been broken.
  • To analyze case studies to summarize the webinar ideas.

Who Should Attend?

  • Accountant
  • Accounting Firm
  • Accounting Managers
  • Certified Public Accountant
  • Cloud Accountants
  • CPA (Industry)
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • Entrepreneurial Accountant
  • Senior Accountant
  • Staff of Accounting Firm
  • Young CPA

Testimonial

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