Objectives On completion of this tutorial, you will be able to:

• Define the process of credit analysis and recognize what it is used for
• Identify the basic structure of the main financial statements and how they interact with each other
• Recognize some of the potential issues and pitfalls associated with the use of financial statements, including differing international accounting standards and the flexibility afforded to company accounting policies

Tutorial Overview This tutorial introduces the concept of credit analysis and sets out the details of a structured approach that will help credit analysts and other interested parties to extract meaningful information from the key sources of financial data and information - the balance sheet, the income statement, and the statement of cash flows. Prerequisite Knowledge Credit Risk - An Introduction Tutorial Level: Introductory Tutorial Duration: 70 minutes