Webinar: Corporate Tax Returns: Analysis, Limitations & Red Flags
November 21, 2024 3:00 pm - 4:30 pm
Like many sources of information, corporate tax returns have limitations that can impact the quality of your analysis.
This webinar will teach you about red flags, as well as how corporate tax returns compare to and should be used in conjunction with typical financial statements. You will leave with a comprehensive understanding of corporate tax returns, including key forms like Forms 1120, 1120-S, and 1065. Don’t miss it!
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
- Uncover and identify red flags that could signal financial instability, such as unusual deductions, inconsistent revenue trends, and high debt levels
- Employ best practices for cross-referencing tax returns with financial statements, evaluating profit margins, and analyzing cash flow to make more informed credit decisions
- Understand the limitations of corporate tax returns, including differences between tax accounting and GAAP and how aggressive tax strategies might mask financial weaknesses
- Engage with practical case studies and examples to apply your knowledge and sharpen your ability to spot potential issues in corporate tax returns
WEBINAR DETAILS
Corporate tax returns contain a myriad of information and are often the only financial information received from corporate entities. This presentation will cover the types of corporate tax returns and the important information contained not only in the return itself but in the typical schedules you will encounter. It will address analyzing income and revenue, reviewing deductions and expenses, assessing the balance sheet and depreciation schedules, and understanding owner compensation and distributions. The typical schedules and statements that make up the corporate tax return will also be covered.
WHO SHOULD ATTEND?
This informative session is designed for credit analysts, loan officers, loan review officers, and anyone interested in having a more thorough understanding of corporate tax returns.
TAKE-AWAY TOOLKIT
- Checklist for analyzing corporate tax returns
- Resource guide for additional information on tax return analysis
- Employee training log
- Interactive quiz
- PDF of slides and speaker’s contact info for follow-up questions
- Attendance certificate provided to self-report CE credits
Speaker: Robert L. Viering, RiverPointUSA LLC
Bob Viering brings over 35 years of banking experience to RiverPointUSA, where he concentrates on management and board planning activities, such as strategic, capital, and succession planning, de novo bank formation, assisting with managing regulatory agreements, loan review, and credit process assessment. He has served as a bank director and was an independent member of a bank’s audit committee.
Prior to becoming a consultant, Bob was a de novo bank organizer responsible for all regulatory filings, planning, recruiting, and also serving as CEO. He has been an advisor for other de novo bank formations. Earlier in his career, Bob held various management positions with large and regional banks, including market president and regional credit officer. In addition, he has managed deposit and loan operations groups and was a lender to local, regional, and international businesses. He has also served as a board member of state and national trade associations.