Lending: How to spot a Loan Defaulting before the Payments are Late

Website http://www.onlinecompliancepanel.com/webinar/LOAN-COMPLIANCE-501144/DEC-2015-ES-OURGLOCAL | Edit Freely

Category Fraud, Loan Defaults, Hard Money Lending, Banks, Lenders, Factors, Loan Monitoring, Loan Compliance, Performance Monitoring, Accounts Receivable Loans, Investment Fraud

Deadline: December 09, 2015 | Date: December 10, 2015

Venue/Country: online Webinar, U.S.A

Updated: 2015-12-02 15:52:44 (GMT+9)

Call For Papers - CFP

Instructor: Alex Kwechansky, DABFA

Product ID: 501144

Description

Companies with loans will, if deemed necessary, provide false and misleading information to their lenders when the period results are reported. This fraud of survival occurs when the borrower fears their loan will be called, limited or access to credit will be cut off. The annual or semi-annual audits rarely report weak underpinnings either in detail or in a timely fashion. Often these audits are prepared by the most budget focused, least experienced auditors. Company executive management, especially in closely held companies, is quietly aware of what data the auditor requests and how to manipulate it. Executive management is intimately aware of how their company functions on a day-to-day basis and has the access and authority to mislead the lender.

Objectives of the Presentation

Provide points of questions to pose to the borrower

This will be presented in a loan compliance format and not attempt to suggest lender management

Management's manipulative decisions are often imposed in a crisis mode. Time and planning is not on their side. Guidance to recognize such abrupt movements will be provided

Different industries involve different techniques. Manufacturing, retail and service companies will be highlighted. Changes may be offered if attendees bring specific situations at least one day prior to the webinar

How to recognize behavior to anticipate a borrower performance problem or to present an opportunity for the lender

How to recognize personal conflicts of interest and other situations that directly involve the executive management which may contribute to sudden operation changes

Going beyond the accounting records, the CFO and the accountant

Why Should you Attend

Companies behave in various manners depending on situations. The accounting records can readily be manipulated and are reported after the fact. It is not uncommon for financial transactions to be untraceable or disguised or artificially enhanced to mitigate the perceived risk. The lender or capital investor can use the techniques to be taught in this webinar to ask the questions and gain the information that reveals the decisions and changes in behavior that better and timelier exposes the reality.

Who can Benefit

Loan compliance

loan review

Special Assets departments

loan approval officers

Private capital investors and performance review

For Registration -

http://www.onlinecompliancepanel.com/webinar/LOAN-COMPLIANCE-501144/DEC-2015-ES-OURGLOCAL

Note : Use coupon code 1371 and get 10% off on Registration