ASSET BASED LENDING (ABL) TRAINING SEMINAR COURSE CATALOG

Introduction to Asset Based Lending For CPAs and Accountants includes an overview of asset based lending and the primary elements of collateral, monitoring and borrower reporting.  CPAs that are considering entry into the ABL arena need to be prepared with a working knowledge of borrowing base concepts as well as report preparation content needs. This course is written by a 27+ year veteran of the field examination business with keen insights to both ABL and the needs of CPAs preparing prescribed procedure reports.

ABLHelp  - Comes with ABL-Help Classic reference program, THE industry standard for Ineligibles, definitions, fishbone diagrams, math formulas and more.

Participants Will be Able to:

• Be able to calculate a Borrowing Base

• Identify ineligible collateral

• Identify and classify elements of dilution

• Explain the elements of the field examination report

• Define the key elements and importance of the engagement letter

• Plan and conduct a Field Examination for the ABL industry

Objectives - Accountants entering into the ABL field will learn the core elements that define an ABL Field Examination report and engagement.  Participants will be able to provide focused services using prescribed field examination report procedures provided by the Lender.  This course provides a foundation for learning the industry vocabulary, procedures and client expectations to allow the participant to deliver a quality field examination product.

Prerequisites - An understanding of accounting.   Prior audit or analytical review experience is not necessary.

Advanced Preparation - Each Lesson has a printout to take notes and some Lessons have documents, examples and course case materials.  A copy of ABL Help Classic is provided and it can be downloaded and installed at the start of the Course.

Delivery Method - QAS Self Study - PC Computer Self Study with self assessments and some case study Quizzes, printed examples, video examples and stories.  ABL-Help reference file is provided via download.
 

Asset Based Lending Field Examination School Basics includes an overview of asset based lending and the primary elements of collateral, monitoring and borrower reporting.  This course offers a tour of the most common ABL tests and procedures, with tips to save time, do a better job and get started in ABL field examinations with insights from a 27+ year ABL field examination veteran.

ABLHelp  - Comes with ABL-Help Classic reference program, THE industry standard for Ineligibles, definitions, fishbone diagrams, math formulas and more. 

Participants Will be Able to:

• Calculate a Borrowing Base

• Identify ineligible collateral

• Identify and classify elements of dilution and turnover

• Identify and discuss the elements of a field examination report

• Identify and discuss the basic workpapers used in ABL

• Recognize strengths and weaknesses in monitoring methods and reports

• Provide focused comments and recommendations

Objectives - New field examiners that are entering the ABL profession will learn the core elements of due diligence.  Participants will learn to combine analytical review procedures, trends and substantive testing methods to document collateral performance and liability exposure risks.  Participants will gain core skills to allow them to complete field examinations with confidence that the key elements that need to be tested have been covered with the limited procedures and time constraints that are common in the ABL industry.

Prerequisites - An understanding of accounting.   Prior audit or analytical review experience is not necessary.

Advanced Preparation - Each Lesson has a printout to take notes and some Lessons have documents, examples and course case materials.  A copy of ABL Help Classic is provided and it can be downloaded and installed at the start of the Course.

Delivery Method - QAS Self Study - PC Computer Self Study with self assessments and some case study Quizzes, printed examples, video examples and stories.  ABL-Help reference file is provided via download.
 

Introduction to ABL For Account Executives includes an overview of asset based lending and the primary elements of collateral, monitoring and borrower reporting, but it is presented with elements that are important to the Account Officer's position.  An excellent starting point for new Account Officers to learn more about ABL. 

ABLHelp  - Comes with ABL-Help Classic reference program, THE industry standard for Ineligibles, definitions, fishbone diagrams, math formulas and more.

Participants Will be Able to:

• Be able to calculate a Borrowing Base

• Identify ineligible collateral

• Identify and classify elements of dilution

• Discuss the field examination report elements

• Identify and advise on the key areas to monitor

• Have a working knowledge of ABL specific calculations

Objectives - New Account Officers will learn the core elements that define an ABL transaction.  Participants will be able to use a working knowledge of Borrowing Base concepts and gain an insights to the key elements of collateral to monitor.  This course provides a foundation for using and discussing the industry vocabulary, procedures and loan dynamics found in a typical ABL transaction. 

Prerequisites - An understanding of accounting.  

Advanced Preparation - Each Lesson has a printout to take notes and some Lessons have documents, examples and course case materials.  A copy of ABL Help Classic is provided and it can be downloaded and installed at the start of the Course.

Delivery Method - QAS Self Study - PC Computer Self Study with self assessments and some case study Quizzes, printed examples, video examples and stories.  ABL-Help reference file is provided via download.
 

Analysis Skills for Account Executives uses many of the same skill sets as the Intermediate ABL-Audit course.  The focus here is for the Account Executive to be able to acquire and assess more complex data and results.  Analysis skills are a vital part of the exceptions that come up in ABL transactions and better inquiry skills are critical to both asset monitoring and loan loss prevention.

ABLHelp  - Comes with ABL-Help Classic reference program, THE industry standard for Ineligibles, definitions, fishbone diagrams, math formulas and more.

Participants Will be Able to:

• Evaluate changes in performance statistics and gather additional information to document and safeguard lender assets.

• Monitor key collateral issues in more detail.

• Gain skills to perform alternative analysis when some of the data is not available.

• Know how to assign field examiners to gather more data.

• Dig deeper when risk indicators are elevated.

• Provide focused comments and recommendations

Objectives - Performing deeper analysis when risk signs appear can provide comfort that things are actually OK or lead to insights of problems that could affect Lender assets.  This course is designed to provide the skills and techniques to evaluate those risks and mitigate factors that can impair asset values used as collateral.  Participants will enhance their skills in data acquisition and interpretive methods to allow for better questions and answers to changing conditions at a Borrower.

Prerequisites - An understanding of accounting.   Prior account officer experience is recommended.

Advanced Preparation - Each Lesson has a printout to take notes and some Lessons have documents, examples and course case materials.  A copy of ABL Help Classic is provided and it can be downloaded and installed at the start of the Course.

Delivery Method - QAS Self Study - PC Computer Self Study with self assessments and some case study Quizzes, printed examples, video examples and stories.  ABL-Help reference file is provided via download.
 

Fraud Prevention For ABL is all about bad behavior and dishonest schemes to defraud lenders.  These issues have been around for centuries, but we now have an educated population of Borrowers that have sophisticated accounting, electronic assistance and other tools to attempt to hide what they are up to.  Lenders need to be smarter too and awareness is not enough, it takes analytics and skepticism to find and prevent fraud that could lead to asset losses.

Note that many elements of this course are covered in the Intermediate ABL Audit Course

ABLHelp  - Comes with ABL-Help Pro reference program, THE industry standard for Ineligibles, definitions, fishbone diagrams, math formulas and more.  The Pro version includes alternative mathematical formulas, additional fishbone diagrams for dilution and trends and risk factors that affect examiners, operations and account officer analytics to help prevent fraud and detect fraud earlier.

Participants Will be Able to:

• Discuss and list the motivating factors that drive fraud

• Reduce fraud through more detailed analysis and analytics.

• Assess collateral risk areas with more knowledge of where the numbers can be manipulated.

• Increase fraud awareness to identify core collateral risks from misrepresentation

• Know when to gather more information to perform deeper analysis.

• Have the skills to perform alternative analysis when some of the data is not available.

• Identify human risk factors that can lead to willful misconduct and fraud

• List core elements to deal with in a worse case scenario

• List common lender liability issues

• Be able to use  ABL-Help-Pro as an ongoing reference

Objectives - To prevent and catch fraud now from a broader look at what motivates misrepresentations and other driving factors that lead to Borrower fraud.  Participants will gain analytical skills that include numerical and human risk factor elements that will spot willful misconduct and fraud at the earliest possible time.  Awareness is not enough and this course will provide analytical skills that safeguard lender assets.

Prerequisites - An understanding of accounting and one year or more of field examination or account officer, credit officer or loan monitoring experience is recommended.

Advanced Preparation - Each Lesson has a printout to take notes and some Lessons have documents, examples and course case materials.  A copy of ABL Help Pro is provided and it can be downloaded and installed at the start of the Course.

Delivery Method - QAS Self Study - PC Computer Self Study with self assessments and some case study Quizzes, printed examples, video examples and stories.  ABL-Help Pro reference file is provided via download.
 

Asset Based Lending Receivables Workshop is a subset of the Intermediate ABL Course with a focus that is centered on only Accounts Receivable. 

Note that this course is not as in-depth as the Intermediate ABL Audit Course

ABLHelp  - Comes with ABL-Help Classic reference program, THE industry standard for Ineligibles, definitions, fishbone diagrams, math formulas and more.

Participants Will be Able to:

• Perform their assigned field examination tasks in the Receivable testing area with more insight into potential risk areas.

• Reduce fraud in the receivable area through more detailed analysis and analytics.

• Assess receivable collateral risk areas with more knowledge of where the numbers can be manipulated.

• Know when to gather more receivable information to perform deeper analysis.

• Have the skills to perform alternative receivable analysis when some of the data is not available.

• Learn to focus on receivable risk assessments

• Provide focused comments and recommendations for accounts receivable

Objectives - Performing deeper receivable analysis and identifying risk signs can provide comfort that receivable amounts are actually OK or lead to insights of problems that could affect Lender assets.  This course is designed to provide the skills and techniques to evaluate those receivable risks and mitigate factors that can impair receivable asset values used as collateral.  Participants will enhance their skills in data acquisition and interpretive methods to allow for better questions and answers to changing receivable conditions at a Borrower.

Prerequisites - An understanding of accounting and one year or more of field examination experience is recommended.  Participants that have taken the Intermediate ABL Examinations Course should not take this course.

Advanced Preparation - Each Lesson has a printout to take notes and some Lessons have documents, examples and course case materials.  A copy of ABL Help Classic is provided and it can be downloaded and installed at the start of the Course.

Delivery Method - QAS Self Study - PC Computer Self Study with self assessments and some case study Quizzes, printed examples, video examples and stories.  ABL-Help reference file is provided via download.
 

Asset Based Lending Inventory Workshop is a subset of the Intermediate ABL Course with a focus that is centered on only Inventory analysis and valuation.  

Note that this course includes Inventory basics covered in the Introduction to ABL Courses and all of the materials used in the Inventory section of the  Intermediate ABL Audit Course.  This is the most complete inventory course in the ABL industry and has been consistently rated to be superior to any other Inventory Valuation Workshop offered.  We've even trained some of their instructors.

ABLHelp  - Comes with ABL-Help Classic reference program, THE industry standard for Ineligibles, definitions, fishbone diagrams, math formulas and more.

Participants Will be Able to:

• Perform their assigned field examination tasks in the Inventory testing area with more insight into potential risk areas.

• Reduce fraud in the inventory area through more detailed analysis and analytics.

• Assess inventory collateral risk areas with more knowledge of where the numbers can be manipulated.

• Know when to gather more inventory information to perform deeper analysis.

• Have the skills to perform alternative inventory analysis when some of the data is not available.

• Learn to focus on inventory risk assessments

• Provide focused comments and recommendations for inventory

Objectives - Performing deeper inventory analysis and identifying risk signs can provide comfort that receivable amounts are actually OK or lead to insights of problems that could affect Lender assets.  This course is designed to provide the skills and techniques to evaluate those inventory risks and mitigate factors that can impair inventory asset values used as collateral.  Participants will enhance their skills in data acquisition and interpretive methods to allow for better questions and answers to changing inventory conditions at a Borrower.

Prerequisites - An understanding of accounting and one year or more of ABL experience is recommended.  Participants that have taken the Intermediate ABL Examinations Course should not take this course.

Advanced Preparation - Each Lesson has a printout to take notes and some Lessons have documents, examples and course case materials.  A copy of ABL Help Classic is provided and it can be downloaded and installed at the start of the Course.

Delivery Method - QAS Self Study - PC Computer Self Study with self assessments and some case study Quizzes, printed examples, video examples and stories.  ABL-Help reference file is provided via download.