Online Training Options Increasing For Bankers This August

Credit training specialist Omega Performance will deliver U.S. Personal Tax Return Analysis online training on August 12, 14, and 19, 2008.

CHARLOTTE, NC (July 29, 2008) - Skyrocketing gas prices and shrinking training budgets won't keep bankers from attending vital credit training this summer with Omega Performance's online training series, U.S. Personal Tax Return Analysis. The online learning sessions provide convenient, cost-effective, and timely training to help bankers reduce problem assets and minimize losses by more effectively analyzing personal tax returns, cash flow, and debt service capacity—without the hassle and cost of traveling to a live workshop.

Highlights of U.S. Personal Tax Return Analysis include:

Exploring the anatomy of a personal tax return, including the flow of information among the various forms and schedules, and the linkages between them
Using Schedule E and K-1s to identify pass-through items from various business ventures that can affect the accuracy of cash flow calculations
Identifying actual cash inflows and outflows from sole proprietorships, rental and royalties, partnerships, S corporations, and estates and trusts
Isolating and calculating total cash flow to or from the taxpayer from each entity
Calculating total cash flow and debt service capacity

Jan Abrams, Omega Performance's vice president and product manager for consumer credit and sales solutions will facilitate the online training series, U.S. Personal Tax Return Analysis. Abrams says, "Many bankers using personal tax returns to evaluate credit requests are unaware of the nature and location of non-cash information that is included in many of the tax return lines that are commonly used for cash flow analysis. This credit training will help bankers locate and evaluate these items, enabling them to more accurately calculate debt service capacity and make better credit decisions."

About Omega Performance

Online learning and credit training specialist, Omega Performance, has enabled more than 2,500 firms worldwide to drive and sustain improved business results. The company is a wholly owned subsidiary of Informa plc (INF on the London Stock Exchange), the leading international provider of specialist information and services for the academic and scientific, professional and commercial business communities. Informa has over 150 offices in more than 40 countries and employs over 7,000 staff around the world. Omega Performance is headquartered in Charlotte, N.C., USA, with major offices in Australia, Canada, China, Nigeria, Singapore, South Africa, and the United Kingdom.