Email to order the Recording + Free Digital Recording
With greater regulatory emphasis on Call Report accuracy, it is imperative that Call Report preparers and reviewers stay current on the changes to the reporting form and instructions. The agencies have proposed the creation of a new Form 051 for filers with total assets of less than $1 billion. In addition, other proposed and finalized changes are set to take effect for the March 31, 2017, reporting period. This session will highlight those changes and other hot Call Report topics.
HIGHLIGHTS
Proposed Form 051, which is to be filed by banks with less than $1 billion in total assets that have previously filed Form 041
Review of finalized changes taking effect for the March 31, 2017, Call Report for all filers, including the time deposit items affected in Schedules RC-E, RI, and RC-K
Proposed changes to Form 031 and Form 041 for March 31, 2017
Other potential changes to the Call Report on the horizon
Commonly misreported items and other items receiving greater focus
TAKE-AWAY TOOLKIT
PDF booklet of relevant accounting and regulatory guidance
Employee training log
Quiz you can administer to measure staff learning and a separate answer key
DON’T MISS THIS RELATED WEBINAR!
Auditing Call Reports: Compliance, Regulator Expectations & Best Practices on Wednesday, May 31, 2017
Attendance verification for CE credits provided upon request.
WHO SHOULD ATTEND? Call Report preparers and reviewers, including CFOs, controllers, and others responsible for ensuring the accuracy of quarterly Call Report submissions.
ABOUT THE PRESENTERS – Michael Gordon & Kris Trainor, Mauldin & Jenkins, LLC
Michael Gordon is a CPA and director in the Atlanta office. He received his Bachelor’s in European History and Economics in 2003 from Vanderbilt University and received his MBA with a concentration in Accounting in 2005 from the Georgia Institute of Technology Scheller College of Business. Since joining Mauldin & Jenkins in 2005, he has focused on financial institution audits and employee benefit plans. Michael also has experience with HUD and governmental entity audits. He is a member of the American Institute of Certified Public Accountants and the Georgia Society of Certified Public Accountants.
Kris Trainor is a partner at Mauldin & Jenkins’s Atlanta office. He received his BBA in Accounting from Georgia Southern University in 1995. Since joining Mauldin & Jenkins in 1995, Kris has focused on financial institution audits. Kris has continued his education by attending a variety of audit and tax classes and is also a member of the American Institute of Certified Public Accountants and the Georgia Society of Certified Public Accountants. Kris is a CPA in Georgia and previously served on the AICPA’s Examination Content Subcommittee for the audit section of the CPA exam.
Showing posts with label CFOs. Show all posts
Showing posts with label CFOs. Show all posts
(ON DEMAND) Debt Collection Series: Maximizing Recoveries on Charged-Off Loans
Email to Order the Recording + Free Digital Download
Are you getting the most from the backend of your loan portfolio? “Out of sight, out of mind” shouldn’t describe your charged-off loans. Just because you declare a loan loss internally doesn’t mean there should be zero recovery. Utilizing in-house efforts, collection agencies, and law firms, there are many ways to find money in those “worthless” loans. All you need is a plan and the ability to manage it. This webinar will give you both! From the timing of charge off, to effective third-party placement details, to the science of tracking and comparing recovery results, this webinar will explore the practical side of the forgotten art of charge-off recovery.
HIGHLIGHTS
Charge-off timing
Evaluating in-house versus third-party collections
Agency or law firm: choosing the best placement option
Tracking recoveries on charged-off loans
Statute of limitations issues
Account recall and replacement options
TAKE-AWAY TOOLKIT
Account placement worksheet
Lifecycle of a charged-off loan
Regulatory guidance
Employee training log
Quiz you can administer to measure staff learning and a separate answer key
Attendance verification for CE credits provided upon request.
WHO SHOULD ATTEND? Executives, CFOs, Chief Credit Officers, collections managers, collections staff, and anyone interested in maximizing collections return from charged-off loans.
ABOUT THE PRESENTER – David A. Reed, JD, Reed & Jolly, PLLC, attorney, author, consultant, and nationally-recognized speaker, David Reed is a partner in the law firm. He provides guidance to financial institutions on establishment and revision of policies and procedures, organizational compliance, collections, security, contractual agreements, regulatory matters, and corporate governance. His engaging speaking style has made him a nationwide lecturer on regulatory compliance, consumer lending, bankruptcy, and collections. A former trial attorney and vice president and general counsel of a large credit union, David is particularly known as an expert in the areas of operations, bankruptcy, and collections. He has trained state and federal examination staff on numerous issues, including BSA, ID theft red flags, SAFE Act, third-party contract management, and bankruptcy. He also serves as editor of several industry manuals.
Are you getting the most from the backend of your loan portfolio? “Out of sight, out of mind” shouldn’t describe your charged-off loans. Just because you declare a loan loss internally doesn’t mean there should be zero recovery. Utilizing in-house efforts, collection agencies, and law firms, there are many ways to find money in those “worthless” loans. All you need is a plan and the ability to manage it. This webinar will give you both! From the timing of charge off, to effective third-party placement details, to the science of tracking and comparing recovery results, this webinar will explore the practical side of the forgotten art of charge-off recovery.
HIGHLIGHTS
Charge-off timing
Evaluating in-house versus third-party collections
Agency or law firm: choosing the best placement option
Tracking recoveries on charged-off loans
Statute of limitations issues
Account recall and replacement options
TAKE-AWAY TOOLKIT
Account placement worksheet
Lifecycle of a charged-off loan
Regulatory guidance
Employee training log
Quiz you can administer to measure staff learning and a separate answer key
Attendance verification for CE credits provided upon request.
WHO SHOULD ATTEND? Executives, CFOs, Chief Credit Officers, collections managers, collections staff, and anyone interested in maximizing collections return from charged-off loans.
ABOUT THE PRESENTER – David A. Reed, JD, Reed & Jolly, PLLC, attorney, author, consultant, and nationally-recognized speaker, David Reed is a partner in the law firm. He provides guidance to financial institutions on establishment and revision of policies and procedures, organizational compliance, collections, security, contractual agreements, regulatory matters, and corporate governance. His engaging speaking style has made him a nationwide lecturer on regulatory compliance, consumer lending, bankruptcy, and collections. A former trial attorney and vice president and general counsel of a large credit union, David is particularly known as an expert in the areas of operations, bankruptcy, and collections. He has trained state and federal examination staff on numerous issues, including BSA, ID theft red flags, SAFE Act, third-party contract management, and bankruptcy. He also serves as editor of several industry manuals.
(ON DEMAND) Liquidity Funding Concerns in a Rising Interest Rate Market
Email to order the Recording + Free Digital Download
Regulators continue to warn financial institutions of the impending interest rate risk as rates rise. This is a result of the lengthening of assets to generate yield, and the increase in non-maturity accounts due to the small spread between these accounts and certificates. The concern is that non-maturity accounts will shift back to certificates when rates rise and the spread lengthens. This is an interest rate risk that few institutions measure or monitor. You do not want to be caught after continuous regulator warnings.
This webinar will provide the tools necessary to meet fully the requirements of FIL-84-2008 Liquidity Risk Management. This webinar will also establish the methodology for you to be proactive in understanding your specific liquidity risk and to make decisions that will avert a significant liquidity event. Join us to learn techniques for addressing the new and growing liquidity parameters that are being monitored by regulators.
HIGHLIGHTS
Determining the potential negative impact of a shift from non-maturity deposits to certificates
How to examine the amount of asset lengthening at your financial institution
Establishing a pro forma cash flow projecting future sources and uses of funds
How to stress liquidity and the impact of that stress
Key components of an effective Contingency Funding Plan (CFP)
Impact of other significant liquidity changes if your institution becomes stressed:
Borrowed funds – additional hair cut
Loss of federal funds lines
Deposit withdrawals
TAKE-AWAY TOOLKIT
Example of methodologies to:
Determine the impact of a shift in non-maturity deposits
Compare to peers in the lengthening of assets
Develop a liquidity plan
Stress liquidity
Develop a liquidity contingency plan
Employee training log
Quiz you can administer to measure staff learning and a separate answer key
Attendance verification for CE credits provided upon request.
WHO SHOULD ATTEND? Presidents, CEOs, COOs, CFOs, and board members who want to be proactive in dealing with liquidity issues.
ABOUT THE PRESENTER – Gary J. Young, Young & Associates, Inc., Chief Executive. During 37 years in consulting and 48 years in the industry, he has assisted hundreds of financial institutions from coast-to-coast with improving shareholder value and profit, establishing effective strategic plans, management assessments, regulatory concerns, budgeting, asset/liability management, expansion planning, and mergers and acquisitions. Gary is a popular speaker due to his practical and valuable insight and has conducted seminars throughout the United States and in Europe. Gary is on the board of a community bank, manages a bank investment fund, and is a co-founder of Capital Market Securities, Inc., which assists with mergers and acquisitions.
Regulators continue to warn financial institutions of the impending interest rate risk as rates rise. This is a result of the lengthening of assets to generate yield, and the increase in non-maturity accounts due to the small spread between these accounts and certificates. The concern is that non-maturity accounts will shift back to certificates when rates rise and the spread lengthens. This is an interest rate risk that few institutions measure or monitor. You do not want to be caught after continuous regulator warnings.
This webinar will provide the tools necessary to meet fully the requirements of FIL-84-2008 Liquidity Risk Management. This webinar will also establish the methodology for you to be proactive in understanding your specific liquidity risk and to make decisions that will avert a significant liquidity event. Join us to learn techniques for addressing the new and growing liquidity parameters that are being monitored by regulators.
HIGHLIGHTS
Determining the potential negative impact of a shift from non-maturity deposits to certificates
How to examine the amount of asset lengthening at your financial institution
Establishing a pro forma cash flow projecting future sources and uses of funds
How to stress liquidity and the impact of that stress
Key components of an effective Contingency Funding Plan (CFP)
Impact of other significant liquidity changes if your institution becomes stressed:
Borrowed funds – additional hair cut
Loss of federal funds lines
Deposit withdrawals
TAKE-AWAY TOOLKIT
Example of methodologies to:
Determine the impact of a shift in non-maturity deposits
Compare to peers in the lengthening of assets
Develop a liquidity plan
Stress liquidity
Develop a liquidity contingency plan
Employee training log
Quiz you can administer to measure staff learning and a separate answer key
Attendance verification for CE credits provided upon request.
WHO SHOULD ATTEND? Presidents, CEOs, COOs, CFOs, and board members who want to be proactive in dealing with liquidity issues.
ABOUT THE PRESENTER – Gary J. Young, Young & Associates, Inc., Chief Executive. During 37 years in consulting and 48 years in the industry, he has assisted hundreds of financial institutions from coast-to-coast with improving shareholder value and profit, establishing effective strategic plans, management assessments, regulatory concerns, budgeting, asset/liability management, expansion planning, and mergers and acquisitions. Gary is a popular speaker due to his practical and valuable insight and has conducted seminars throughout the United States and in Europe. Gary is on the board of a community bank, manages a bank investment fund, and is a co-founder of Capital Market Securities, Inc., which assists with mergers and acquisitions.
(ON DEMAND) Bank Financial Accounting Essentials
Email to Order Archived Webinar!
In the wake of the financial crisis, the Financial Accounting Standards Board (FASB) has been very active. Financial accounting for community banks continues to evolve much like compliance regulations. The new standards are more complex and have longer implementation periods. Now is the time to start learning and planning. Recently issued accounting standards and others on the immediate horizon will require additional information from existing systems and will impact decision making at every institution, regardless of asset size.
How will the new lease accounting standard impact your institution’s balance sheet? What is the current status of the new CECL model for accounting for the ALLL? How should your bank prepare for it? What are other important accounting issues auditors and regulators are focusing on in the current environment? This webinar will answer these questions, highlight recent and proposed accounting changes, provide a refresher on accounting topics that are making a comeback, and clarify topics that are continuing to cause confusion.
HIGHLIGHTS
Overview of the new lease accounting standard
Developments on the current expected credit loss model (CECL) for ALLL accounting
Stock compensation issues making a comeback
Problem asset accounting and areas still causing confusion
Defining a public business entity – key for new standards implementation
Other relevant accounting topics affecting community banks
TAKE-AWAY TOOLKIT
PDF booklet of the relevant accounting and regulatory guidance
Employee training log
Quiz you can administer to measure staff learning and a separate answer key
Attendance verification for CE credits provided upon request.
WHO SHOULD ATTEND? Financial accounting professionals including CFOs, controllers, other bank accounting staff, those charged with governance, and auditors.
ABOUT THE PRESENTERS – Michael Gordon & Kris Trainor, Mauldin & Jenkins, LLC
Michael Gordon is a CPA and director in the Atlanta office of Mauldin & Jenkins, LLC. He received his Bachelor’s in European History and Economics in 2003 from Vanderbilt University and received his MBA with a concentration in Accounting in 2005 from the Georgia Institute of Technology Scheller College of Business. Since joining Mauldin & Jenkins in 2005, he has focused on financial institution audits and employee benefit plans. Michael also has experience with HUD and governmental entity audits. He is a member of the American Institute of Certified Public Accountants and the Georgia Society of Certified Public Accountants.
Kris Trainor is a partner at Mauldin & Jenkins’s Atlanta office. He received his BBA in Accounting from Georgia Southern University in 1995. Since joining Mauldin & Jenkins in 1995, Kris has focused on financial institution audits. Kris has continued his education by attending a variety of audit and tax classes and is also a member of the American Institute of Certified Public Accountants and the Georgia Society of Certified Public Accountants. Kris is a CPA in Georgia and previously served on the AICPA’s Examination Content Subcommittee for the audit section of the CPA exam.
In the wake of the financial crisis, the Financial Accounting Standards Board (FASB) has been very active. Financial accounting for community banks continues to evolve much like compliance regulations. The new standards are more complex and have longer implementation periods. Now is the time to start learning and planning. Recently issued accounting standards and others on the immediate horizon will require additional information from existing systems and will impact decision making at every institution, regardless of asset size.
How will the new lease accounting standard impact your institution’s balance sheet? What is the current status of the new CECL model for accounting for the ALLL? How should your bank prepare for it? What are other important accounting issues auditors and regulators are focusing on in the current environment? This webinar will answer these questions, highlight recent and proposed accounting changes, provide a refresher on accounting topics that are making a comeback, and clarify topics that are continuing to cause confusion.
HIGHLIGHTS
Overview of the new lease accounting standard
Developments on the current expected credit loss model (CECL) for ALLL accounting
Stock compensation issues making a comeback
Problem asset accounting and areas still causing confusion
Defining a public business entity – key for new standards implementation
Other relevant accounting topics affecting community banks
TAKE-AWAY TOOLKIT
PDF booklet of the relevant accounting and regulatory guidance
Employee training log
Quiz you can administer to measure staff learning and a separate answer key
Attendance verification for CE credits provided upon request.
WHO SHOULD ATTEND? Financial accounting professionals including CFOs, controllers, other bank accounting staff, those charged with governance, and auditors.
ABOUT THE PRESENTERS – Michael Gordon & Kris Trainor, Mauldin & Jenkins, LLC
Michael Gordon is a CPA and director in the Atlanta office of Mauldin & Jenkins, LLC. He received his Bachelor’s in European History and Economics in 2003 from Vanderbilt University and received his MBA with a concentration in Accounting in 2005 from the Georgia Institute of Technology Scheller College of Business. Since joining Mauldin & Jenkins in 2005, he has focused on financial institution audits and employee benefit plans. Michael also has experience with HUD and governmental entity audits. He is a member of the American Institute of Certified Public Accountants and the Georgia Society of Certified Public Accountants.
Kris Trainor is a partner at Mauldin & Jenkins’s Atlanta office. He received his BBA in Accounting from Georgia Southern University in 1995. Since joining Mauldin & Jenkins in 1995, Kris has focused on financial institution audits. Kris has continued his education by attending a variety of audit and tax classes and is also a member of the American Institute of Certified Public Accountants and the Georgia Society of Certified Public Accountants. Kris is a CPA in Georgia and previously served on the AICPA’s Examination Content Subcommittee for the audit section of the CPA exam.
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