Posts tagged with "cecl"

2019 Accounting for Financial Institutions: 101, 201, 301 (3-Part Webinar Series)

Register Now

Financial Accounting Principles for BanksThis is 3-part Accounting Webinar Bootcamp designed to give anyone involved in management of a financial services institution (bank or credit union) the essentials of financial institutional accounting and financial statements. A series designed not only for persons in the accounting and finance areas, but also as a refresher for seasoned managers and supervisors who need a working knowledge of the aspects and elements unique to financial services accounting.

This 3-part Bank Accounting webinar series is designed for professionals with some prior exposure to bank finances.

Register for 1,2 or all 3 parts (and save $$$!)

 

Accounting 101

Unique Depository Accounting Principles for Financial Institutions     

Tuesday, May 21, 2019

  • 12:00 – 1:30 pm ET
  • 11:00 – 12:30 pm CT
  • 10:00 – 11:30 am MT
  • 9:00 – 10:30 am PT

This 90-minute session illustrates a few of the unique bookkeeping mechanisms that depository institution’s follow –daily balancing and single-entry bookkeeping.

This first installment accounting webinar also explains and provides examples of the following unique bank GAAP accounting issues such as:

  • Accounting for non-refundable fees and costs – illustrations
  • The recording of OREO (“other real estate owned”) and accounting for the sale of OREO
  • Various off-balance-sheet disclosures
  • Allowance for Loan & Lease Losses (ALLL) – CECL

Accounting 201

Illustrative Bank GAAP Financial Statements for Financial Institutions

Wednesday, May 22, 2019

  • 12:00 – 1:30 pm ET
  • 11:00 – 12:30 pm CT
  • 10:00 – 11:30 am MT
  • 9:00 – 10:30 am PT

This 90-minute accounting webinar provides attendees with a succinct explanation of GAAP financial statements:

  • Balance sheet
  • Income statement
  • Statement of changes in stockholders’ equity
  • Statement of cash flows
  • Statements of Accumulated Other Comprehensive Income (AOCI)
  • Notes to GAAP financial statements
  • Auditor’s report on GAAP
  • Supplemental data
  • MD&A

Illustrative examples of the essential GAAP presentation data (statements and notes) are reviewed and explained. An overview of the Balance Sheet, Income Statement and notes provides attendees with an essential basic knowledge of typical GAAP financials for a bank or other depository institution.

This overview-type, “big picture” presentation is an excellent preview for Bootcamp Part 3, which focuses on the elements (captions) of the financial statements in detail.

Accounting 301

In-Depth Financial Statement Elements (Assets, Liabilities, Income, Equity)

Thursday, May 23, 2019

  • 12:00 – 1:30 pm ET
  • 11:00 – 12:30 pm CT
  • 10:00 – 11:30 am MT
  • 9:00 – 10:30 am PT

This final part is a natural, logical follow up to Bootcamp Part 2. Part 3 covers the details behind the financial statement items presented in Part 2. It uses illustrations of the Part 2 financial statements and detailed explanations to explain items such as:

  • Composition of Cash and Due from Banks
  • The Right of Setoff for Receivables and Payables
  • Money Market Investments (Interest Bearing Deposits; Fed Funds Sold; Securities Purchased Under Agreement to Re-Sell)
  • Investments (HTM, AFS and Trading Securities)
  • Investments Purchased at Discount or Premium
  • Security Gains and Losses – Realized and Unrealized
  • Loans and Loan Accounting Issues
  • Overview of Loan Reserve Activity
  • PP&E
  • Accrued Interest Receivable
  • Other Assets
  • Deposits – Demand and Time
  • Official Checks
  • Fed Funds Purchased and Securities Sold Under Agreement to Re-Purchase
  • Accrued Interest Payable
  • Other Liabilities
  • Equity Accounts
  • Income Statement Items

Newcomers to GAAP financial statements for depository institution will take away a wealth of knowledge relating to depository accounting. Experienced banking personnel (accounting, finance, treasury and others) will be provided with a valuable update and refresher.

Part 3 and the other 2 parts will give the attendees a solid foundation for dealing with GAAP financial statements and the unique portions related to depository institutions.

Pricing

$549 for 3 sessions plus playbacks*
$249 for individual sessions plus playbacks*

*Playbacks do NOT expire and may be shared internally
Register for Session 101 ONLY
Register for Session 201 ONLY
Register for Session 301 ONLY

Credits per Session

  • 1.5 CPE Credits

Your Speaker

Paul Sanchez - PSA

Paul Sanchez CPA
Founder – PSA Professional Services Associates

About the Speaker

Paul J. Sanchez, CPA, CBA, CFSA conducts a CPA practice in Port Washington, New York. He is also the owner of Professional Service Associates (PSA), a consulting and professional training and development business servicing corporate clients (auditors, controllers, etc.), CPA firms, professional associations and others. He was an assistant professor at Long Island University – C.W. Post Campus as well as an adjunct lecturer at City University of New York. Prior to starting PSA, he was the Vice President-Professional Development for the Audit Division of a regional bank and Director of Professional Practices and Vice President of a money-center bank, where he directed the professional practice development and training for internal auditors.

Register Now Pay by Check

2019 Accounting for Financial Institutions: 101, 201, 301 (3-Part Webinar Series)

Register Now

Financial Accounting Principles for BanksThis is 3-part Accounting Webinar Bootcamp designed to give anyone involved in management of a financial services institution (bank or credit union) the essentials of financial institutional accounting and financial statements. A series designed not only for persons in the accounting and finance areas, but also as a refresher for seasoned managers and supervisors who need a working knowledge of the aspects and elements unique to financial services accounting.

This 3-part Bank Accounting webinar series is designed for professionals with some prior exposure to bank finances.

Register for 1,2 or all 3 parts (and save $$$!)

 

Accounting 101

Unique Depository Accounting Principles for Financial Institutions     

Tuesday, May 21, 2019

  • 12:00 – 1:30 pm ET
  • 11:00 – 12:30 pm CT
  • 10:00 – 11:30 am MT
  • 9:00 – 10:30 am PT

This 90-minute session illustrates a few of the unique bookkeeping mechanisms that depository institution’s follow –daily balancing and single-entry bookkeeping.

This first installment accounting webinar also explains and provides examples of the following unique bank GAAP accounting issues such as:

  • Accounting for non-refundable fees and costs – illustrations
  • The recording of OREO (“other real estate owned”) and accounting for the sale of OREO
  • Various off-balance-sheet disclosures
  • Allowance for Loan & Lease Losses (ALLL) – CECL

Accounting 201

Illustrative Bank GAAP Financial Statements for Financial Institutions

Wednesday, May 22, 2019

  • 12:00 – 1:30 pm ET
  • 11:00 – 12:30 pm CT
  • 10:00 – 11:30 am MT
  • 9:00 – 10:30 am PT

This 90-minute accounting webinar provides attendees with a succinct explanation of GAAP financial statements:

  • Balance sheet
  • Income statement
  • Statement of changes in stockholders’ equity
  • Statement of cash flows
  • Statements of Accumulated Other Comprehensive Income (AOCI)
  • Notes to GAAP financial statements
  • Auditor’s report on GAAP
  • Supplemental data
  • MD&A

Illustrative examples of the essential GAAP presentation data (statements and notes) are reviewed and explained. An overview of the Balance Sheet, Income Statement and notes provides attendees with an essential basic knowledge of typical GAAP financials for a bank or other depository institution.

This overview-type, “big picture” presentation is an excellent preview for Bootcamp Part 3, which focuses on the elements (captions) of the financial statements in detail.

Accounting 301

In-Depth Financial Statement Elements (Assets, Liabilities, Income, Equity)

Thursday, May 23, 2019

  • 12:00 – 1:30 pm ET
  • 11:00 – 12:30 pm CT
  • 10:00 – 11:30 am MT
  • 9:00 – 10:30 am PT

This final part is a natural, logical follow up to Bootcamp Part 2. Part 3 covers the details behind the financial statement items presented in Part 2. It uses illustrations of the Part 2 financial statements and detailed explanations to explain items such as:

  • Composition of Cash and Due from Banks
  • The Right of Setoff for Receivables and Payables
  • Money Market Investments (Interest Bearing Deposits; Fed Funds Sold; Securities Purchased Under Agreement to Re-Sell)
  • Investments (HTM, AFS and Trading Securities)
  • Investments Purchased at Discount or Premium
  • Security Gains and Losses – Realized and Unrealized
  • Loans and Loan Accounting Issues
  • Overview of Loan Reserve Activity
  • PP&E
  • Accrued Interest Receivable
  • Other Assets
  • Deposits – Demand and Time
  • Official Checks
  • Fed Funds Purchased and Securities Sold Under Agreement to Re-Purchase
  • Accrued Interest Payable
  • Other Liabilities
  • Equity Accounts
  • Income Statement Items

Newcomers to GAAP financial statements for depository institution will take away a wealth of knowledge relating to depository accounting. Experienced banking personnel (accounting, finance, treasury and others) will be provided with a valuable update and refresher.

Part 3 and the other 2 parts will give the attendees a solid foundation for dealing with GAAP financial statements and the unique portions related to depository institutions.

Pricing

$549 for 3 sessions plus playbacks*
$249 for individual sessions plus playbacks*

*Playbacks do NOT expire and may be shared internally
Register for Session 101 ONLY
Register for Session 201 ONLY
Register for Session 301 ONLY

Credits per Session

  • 1.5 CPE Credits

Your Speaker

Paul Sanchez - PSA

Paul Sanchez CPA
Founder – PSA Professional Services Associates

About the Speaker

Paul J. Sanchez, CPA, CBA, CFSA conducts a CPA practice in Port Washington, New York. He is also the owner of Professional Service Associates (PSA), a consulting and professional training and development business servicing corporate clients (auditors, controllers, etc.), CPA firms, professional associations and others. He was an assistant professor at Long Island University – C.W. Post Campus as well as an adjunct lecturer at City University of New York. Prior to starting PSA, he was the Vice President-Professional Development for the Audit Division of a regional bank and Director of Professional Practices and Vice President of a money-center bank, where he directed the professional practice development and training for internal auditors.

Register Now Pay by Check

2019 Accounting for Financial Institutions: 101, 201, 301 (3-Part Webinar Series)

Register Now

Financial Accounting Principles for BanksThis is 3-part Accounting Webinar Bootcamp designed to give anyone involved in management of a financial services institution (bank or credit union) the essentials of financial institutional accounting and financial statements. A series designed not only for persons in the accounting and finance areas, but also as a refresher for seasoned managers and supervisors who need a working knowledge of the aspects and elements unique to financial services accounting.

This 3-part Bank Accounting webinar series is designed for professionals with some prior exposure to bank finances.

Register for 1,2 or all 3 parts (and save $$$!)

 

Accounting 101

Unique Depository Accounting Principles for Financial Institutions     

Tuesday, May 21, 2019

  • 12:00 – 1:30 pm ET
  • 11:00 – 12:30 pm CT
  • 10:00 – 11:30 am MT
  • 9:00 – 10:30 am PT

This 90-minute session illustrates a few of the unique bookkeeping mechanisms that depository institution’s follow –daily balancing and single-entry bookkeeping.

This first installment accounting webinar also explains and provides examples of the following unique bank GAAP accounting issues such as:

  • Accounting for non-refundable fees and costs – illustrations
  • The recording of OREO (“other real estate owned”) and accounting for the sale of OREO
  • Various off-balance-sheet disclosures
  • Allowance for Loan & Lease Losses (ALLL) – CECL

Accounting 201

Illustrative Bank GAAP Financial Statements for Financial Institutions

Wednesday, May 22, 2019

  • 12:00 – 1:30 pm ET
  • 11:00 – 12:30 pm CT
  • 10:00 – 11:30 am MT
  • 9:00 – 10:30 am PT

This 90-minute accounting webinar provides attendees with a succinct explanation of GAAP financial statements:

  • Balance sheet
  • Income statement
  • Statement of changes in stockholders’ equity
  • Statement of cash flows
  • Statements of Accumulated Other Comprehensive Income (AOCI)
  • Notes to GAAP financial statements
  • Auditor’s report on GAAP
  • Supplemental data
  • MD&A

Illustrative examples of the essential GAAP presentation data (statements and notes) are reviewed and explained. An overview of the Balance Sheet, Income Statement and notes provides attendees with an essential basic knowledge of typical GAAP financials for a bank or other depository institution.

This overview-type, “big picture” presentation is an excellent preview for Bootcamp Part 3, which focuses on the elements (captions) of the financial statements in detail.

Accounting 301

In-Depth Financial Statement Elements (Assets, Liabilities, Income, Equity)

Thursday, May 23, 2019

  • 12:00 – 1:30 pm ET
  • 11:00 – 12:30 pm CT
  • 10:00 – 11:30 am MT
  • 9:00 – 10:30 am PT

This final part is a natural, logical follow up to Bootcamp Part 2. Part 3 covers the details behind the financial statement items presented in Part 2. It uses illustrations of the Part 2 financial statements and detailed explanations to explain items such as:

  • Composition of Cash and Due from Banks
  • The Right of Setoff for Receivables and Payables
  • Money Market Investments (Interest Bearing Deposits; Fed Funds Sold; Securities Purchased Under Agreement to Re-Sell)
  • Investments (HTM, AFS and Trading Securities)
  • Investments Purchased at Discount or Premium
  • Security Gains and Losses – Realized and Unrealized
  • Loans and Loan Accounting Issues
  • Overview of Loan Reserve Activity
  • PP&E
  • Accrued Interest Receivable
  • Other Assets
  • Deposits – Demand and Time
  • Official Checks
  • Fed Funds Purchased and Securities Sold Under Agreement to Re-Purchase
  • Accrued Interest Payable
  • Other Liabilities
  • Equity Accounts
  • Income Statement Items

Newcomers to GAAP financial statements for depository institution will take away a wealth of knowledge relating to depository accounting. Experienced banking personnel (accounting, finance, treasury and others) will be provided with a valuable update and refresher.

Part 3 and the other 2 parts will give the attendees a solid foundation for dealing with GAAP financial statements and the unique portions related to depository institutions.

Pricing

$549 for 3 sessions plus playbacks*
$249 for individual sessions plus playbacks*

*Playbacks do NOT expire and may be shared internally
Register for Session 101 ONLY
Register for Session 201 ONLY
Register for Session 301 ONLY

Credits per Session

  • 1.5 CPE Credits

Your Speaker

Paul Sanchez - PSA

Paul Sanchez CPA
Founder – PSA Professional Services Associates

About the Speaker

Paul J. Sanchez, CPA, CBA, CFSA conducts a CPA practice in Port Washington, New York. He is also the owner of Professional Service Associates (PSA), a consulting and professional training and development business servicing corporate clients (auditors, controllers, etc.), CPA firms, professional associations and others. He was an assistant professor at Long Island University – C.W. Post Campus as well as an adjunct lecturer at City University of New York. Prior to starting PSA, he was the Vice President-Professional Development for the Audit Division of a regional bank and Director of Professional Practices and Vice President of a money-center bank, where he directed the professional practice development and training for internal auditors.

Register Now Pay by Check

2019 Accounting for Financial Institutions: 101, 201, 301 (3-Part Webinar Series)

Register Now

Financial Accounting Principles for BanksThis is 3-part Accounting Webinar Bootcamp designed to give anyone involved in management of a financial services institution (bank or credit union) the essentials of financial institutional accounting and financial statements. A series designed not only for persons in the accounting and finance areas, but also as a refresher for seasoned managers and supervisors who need a working knowledge of the aspects and elements unique to financial services accounting.

This 3-part Bank Accounting webinar series is designed for professionals with some prior exposure to bank finances.

Register for 1,2 or all 3 parts (and save $$$!)

 

Accounting 101

Unique Depository Accounting Principles for Financial Institutions     

Tuesday, February 19, 2019

  • 12:00 – 1:30 pm ET
  • 11:00 – 12:30 pm CT
  • 10:00 – 11:30 am MT
  • 9:00 – 10:30 am PT

This 90-minute session illustrates a few of the unique bookkeeping mechanisms that depository institution’s follow –daily balancing and single-entry bookkeeping.

This first installment accounting webinar also explains and provides examples of the following unique bank GAAP accounting issues such as:

  • Accounting for non-refundable fees and costs – illustrations
  • The recording of OREO (“other real estate owned”) and accounting for the sale of OREO
  • Various off-balance-sheet disclosures
  • Allowance for Loan & Lease Losses (ALLL) – CECL

Accounting 201

Illustrative Bank GAAP Financial Statements for Financial Institutions

Wednesday, February 20, 2019

  • 12:00 – 1:30 pm ET
  • 11:00 – 12:30 pm CT
  • 10:00 – 11:30 am MT
  • 9:00 – 10:30 am PT

This 90-minute accounting webinar provides attendees with a succinct explanation of GAAP financial statements:

  • Balance sheet
  • Income statement
  • Statement of changes in stockholders’ equity
  • Statement of cash flows
  • Statements of Accumulated Other Comprehensive Income (AOCI)
  • Notes to GAAP financial statements
  • Auditor’s report on GAAP
  • Supplemental data
  • MD&A

Illustrative examples of the essential GAAP presentation data (statements and notes) are reviewed and explained. An overview of the Balance Sheet, Income Statement and notes provides attendees with an essential basic knowledge of typical GAAP financials for a bank or other depository institution.

This overview-type, “big picture” presentation is an excellent preview for Bootcamp Part 3, which focuses on the elements (captions) of the financial statements in detail.

Accounting 301

In-Depth Financial Statement Elements (Assets, Liabilities, Income, Equity)

Thursday, February 21, 2019

  • 12:00 – 1:30 pm ET
  • 11:00 – 12:30 pm CT
  • 10:00 – 11:30 am MT
  • 9:00 – 10:30 am PT

This final part is a natural, logical follow up to Bootcamp Part 2. Part 3 covers the details behind the financial statement items presented in Part 2. It uses illustrations of the Part 2 financial statements and detailed explanations to explain items such as:

  • Composition of Cash and Due from Banks
  • The Right of Setoff for Receivables and Payables
  • Money Market Investments (Interest Bearing Deposits; Fed Funds Sold; Securities Purchased Under Agreement to Re-Sell)
  • Investments (HTM, AFS and Trading Securities)
  • Investments Purchased at Discount or Premium
  • Security Gains and Losses – Realized and Unrealized
  • Loans and Loan Accounting Issues
  • Overview of Loan Reserve Activity
  • PP&E
  • Accrued Interest Receivable
  • Other Assets
  • Deposits – Demand and Time
  • Official Checks
  • Fed Funds Purchased and Securities Sold Under Agreement to Re-Purchase
  • Accrued Interest Payable
  • Other Liabilities
  • Equity Accounts
  • Income Statement Items

Newcomers to GAAP financial statements for depository institution will take away a wealth of knowledge relating to depository accounting. Experienced banking personnel (accounting, finance, treasury and others) will be provided with a valuable update and refresher.

Part 3 and the other 2 parts will give the attendees a solid foundation for dealing with GAAP financial statements and the unique portions related to depository institutions.

Pricing

$549 for 3 sessions plus playbacks*
$249 for individual sessions plus playbacks*

*Playbacks do NOT expire and may be shared internally
Register for Session 101 ONLY
Register for Session 201 ONLY
Register for Session 301 ONLY

Credits per Session

  • 1.5 CPE Credits

Your Speaker

Paul Sanchez - PSA

Paul Sanchez CPA
Founder – PSA Professional Services Associates

About the Speaker

Paul J. Sanchez, CPA, CBA, CFSA conducts a CPA practice in Port Washington, New York. He is also the owner of Professional Service Associates (PSA), a consulting and professional training and development business servicing corporate clients (auditors, controllers, etc.), CPA firms, professional associations and others. He was an assistant professor at Long Island University – C.W. Post Campus as well as an adjunct lecturer at City University of New York. Prior to starting PSA, he was the Vice President-Professional Development for the Audit Division of a regional bank and Director of Professional Practices and Vice President of a money-center bank, where he directed the professional practice development and training for internal auditors.

Register Now Pay by Check

2019 Accounting for Financial Institutions: 101, 201, 301 (3-Part Webinar Series)

Register Now

Financial Accounting Principles for BanksThis is 3-part Accounting Webinar Bootcamp designed to give anyone involved in management of a financial services institution (bank or credit union) the essentials of financial institutional accounting and financial statements. A series designed not only for persons in the accounting and finance areas, but also as a refresher for seasoned managers and supervisors who need a working knowledge of the aspects and elements unique to financial services accounting.

This 3-part Bank Accounting webinar series is designed for professionals with some prior exposure to bank finances.

Register for 1,2 or all 3 parts (and save $$$!)

 

Accounting 101

Unique Depository Accounting Principles for Financial Institutions     

Tuesday, February 19, 2019

  • 12:00 – 1:30 pm ET
  • 11:00 – 12:30 pm CT
  • 10:00 – 11:30 am MT
  • 9:00 – 10:30 am PT

This 90-minute session illustrates a few of the unique bookkeeping mechanisms that depository institution’s follow –daily balancing and single-entry bookkeeping.

This first installment accounting webinar also explains and provides examples of the following unique bank GAAP accounting issues such as:

  • Accounting for non-refundable fees and costs – illustrations
  • The recording of OREO (“other real estate owned”) and accounting for the sale of OREO
  • Various off-balance-sheet disclosures
  • Allowance for Loan & Lease Losses (ALLL) – CECL

Accounting 201

Illustrative Bank GAAP Financial Statements for Financial Institutions

Wednesday, February 20, 2019

  • 12:00 – 1:30 pm ET
  • 11:00 – 12:30 pm CT
  • 10:00 – 11:30 am MT
  • 9:00 – 10:30 am PT

This 90-minute accounting webinar provides attendees with a succinct explanation of GAAP financial statements:

  • Balance sheet
  • Income statement
  • Statement of changes in stockholders’ equity
  • Statement of cash flows
  • Statements of Accumulated Other Comprehensive Income (AOCI)
  • Notes to GAAP financial statements
  • Auditor’s report on GAAP
  • Supplemental data
  • MD&A

Illustrative examples of the essential GAAP presentation data (statements and notes) are reviewed and explained. An overview of the Balance Sheet, Income Statement and notes provides attendees with an essential basic knowledge of typical GAAP financials for a bank or other depository institution.

This overview-type, “big picture” presentation is an excellent preview for Bootcamp Part 3, which focuses on the elements (captions) of the financial statements in detail.

Accounting 301

In-Depth Financial Statement Elements (Assets, Liabilities, Income, Equity)

Thursday, February 21, 2019

  • 12:00 – 1:30 pm ET
  • 11:00 – 12:30 pm CT
  • 10:00 – 11:30 am MT
  • 9:00 – 10:30 am PT

This final part is a natural, logical follow up to Bootcamp Part 2. Part 3 covers the details behind the financial statement items presented in Part 2. It uses illustrations of the Part 2 financial statements and detailed explanations to explain items such as:

  • Composition of Cash and Due from Banks
  • The Right of Setoff for Receivables and Payables
  • Money Market Investments (Interest Bearing Deposits; Fed Funds Sold; Securities Purchased Under Agreement to Re-Sell)
  • Investments (HTM, AFS and Trading Securities)
  • Investments Purchased at Discount or Premium
  • Security Gains and Losses – Realized and Unrealized
  • Loans and Loan Accounting Issues
  • Overview of Loan Reserve Activity
  • PP&E
  • Accrued Interest Receivable
  • Other Assets
  • Deposits – Demand and Time
  • Official Checks
  • Fed Funds Purchased and Securities Sold Under Agreement to Re-Purchase
  • Accrued Interest Payable
  • Other Liabilities
  • Equity Accounts
  • Income Statement Items

Newcomers to GAAP financial statements for depository institution will take away a wealth of knowledge relating to depository accounting. Experienced banking personnel (accounting, finance, treasury and others) will be provided with a valuable update and refresher.

Part 3 and the other 2 parts will give the attendees a solid foundation for dealing with GAAP financial statements and the unique portions related to depository institutions.

Pricing

$549 for 3 sessions plus playbacks*
$249 for individual sessions plus playbacks*

*Playbacks do NOT expire and may be shared internally
Register for Session 101 ONLY
Register for Session 201 ONLY
Register for Session 301 ONLY

Credits per Session

  • 1.5 CPE Credits

Your Speaker

Paul Sanchez - PSA

Paul Sanchez CPA
Founder – PSA Professional Services Associates

About the Speaker

Paul J. Sanchez, CPA, CBA, CFSA conducts a CPA practice in Port Washington, New York. He is also the owner of Professional Service Associates (PSA), a consulting and professional training and development business servicing corporate clients (auditors, controllers, etc.), CPA firms, professional associations and others. He was an assistant professor at Long Island University – C.W. Post Campus as well as an adjunct lecturer at City University of New York. Prior to starting PSA, he was the Vice President-Professional Development for the Audit Division of a regional bank and Director of Professional Practices and Vice President of a money-center bank, where he directed the professional practice development and training for internal auditors.

Register Now Pay by Check

2019 Accounting for Financial Institutions: 101, 201, 301 (3-Part Webinar Series)

Register Now

Financial Accounting Principles for BanksThis is 3-part Accounting Webinar Bootcamp designed to give anyone involved in management of a financial services institution (bank or credit union) the essentials of financial institutional accounting and financial statements. A series designed not only for persons in the accounting and finance areas, but also as a refresher for seasoned managers and supervisors who need a working knowledge of the aspects and elements unique to financial services accounting.

This 3-part Bank Accounting webinar series is designed for professionals with some prior exposure to bank finances.

Register for 1,2 or all 3 parts (and save $$$!)

 

Accounting 101

Unique Depository Accounting Principles for Financial Institutions     

Tuesday, February 19, 2019

  • 12:00 – 1:30 pm ET
  • 11:00 – 12:30 pm CT
  • 10:00 – 11:30 am MT
  • 9:00 – 10:30 am PT

This 90-minute session illustrates a few of the unique bookkeeping mechanisms that depository institution’s follow –daily balancing and single-entry bookkeeping.

This first installment accounting webinar also explains and provides examples of the following unique bank GAAP accounting issues such as:

  • Accounting for non-refundable fees and costs – illustrations
  • The recording of OREO (“other real estate owned”) and accounting for the sale of OREO
  • Various off-balance-sheet disclosures
  • Allowance for Loan & Lease Losses (ALLL) – CECL

Accounting 201

Illustrative Bank GAAP Financial Statements for Financial Institutions

Wednesday, February 20, 2019

  • 12:00 – 1:30 pm ET
  • 11:00 – 12:30 pm CT
  • 10:00 – 11:30 am MT
  • 9:00 – 10:30 am PT

This 90-minute accounting webinar provides attendees with a succinct explanation of GAAP financial statements:

  • Balance sheet
  • Income statement
  • Statement of changes in stockholders’ equity
  • Statement of cash flows
  • Statements of Accumulated Other Comprehensive Income (AOCI)
  • Notes to GAAP financial statements
  • Auditor’s report on GAAP
  • Supplemental data
  • MD&A

Illustrative examples of the essential GAAP presentation data (statements and notes) are reviewed and explained. An overview of the Balance Sheet, Income Statement and notes provides attendees with an essential basic knowledge of typical GAAP financials for a bank or other depository institution.

This overview-type, “big picture” presentation is an excellent preview for Bootcamp Part 3, which focuses on the elements (captions) of the financial statements in detail.

Accounting 301

In-Depth Financial Statement Elements (Assets, Liabilities, Income, Equity)

Thursday, February 21, 2019

  • 12:00 – 1:30 pm ET
  • 11:00 – 12:30 pm CT
  • 10:00 – 11:30 am MT
  • 9:00 – 10:30 am PT

This final part is a natural, logical follow up to Bootcamp Part 2. Part 3 covers the details behind the financial statement items presented in Part 2. It uses illustrations of the Part 2 financial statements and detailed explanations to explain items such as:

  • Composition of Cash and Due from Banks
  • The Right of Setoff for Receivables and Payables
  • Money Market Investments (Interest Bearing Deposits; Fed Funds Sold; Securities Purchased Under Agreement to Re-Sell)
  • Investments (HTM, AFS and Trading Securities)
  • Investments Purchased at Discount or Premium
  • Security Gains and Losses – Realized and Unrealized
  • Loans and Loan Accounting Issues
  • Overview of Loan Reserve Activity
  • PP&E
  • Accrued Interest Receivable
  • Other Assets
  • Deposits – Demand and Time
  • Official Checks
  • Fed Funds Purchased and Securities Sold Under Agreement to Re-Purchase
  • Accrued Interest Payable
  • Other Liabilities
  • Equity Accounts
  • Income Statement Items

Newcomers to GAAP financial statements for depository institution will take away a wealth of knowledge relating to depository accounting. Experienced banking personnel (accounting, finance, treasury and others) will be provided with a valuable update and refresher.

Part 3 and the other 2 parts will give the attendees a solid foundation for dealing with GAAP financial statements and the unique portions related to depository institutions.

Pricing

$549 for 3 sessions plus playbacks*
$249 for individual sessions plus playbacks*

*Playbacks do NOT expire and may be shared internally
Register for Session 101 ONLY
Register for Session 201 ONLY
Register for Session 301 ONLY

Credits per Session

  • 1.5 CPE Credits

Your Speaker

Paul Sanchez - PSA

Paul Sanchez CPA
Founder – PSA Professional Services Associates

About the Speaker

Paul J. Sanchez, CPA, CBA, CFSA conducts a CPA practice in Port Washington, New York. He is also the owner of Professional Service Associates (PSA), a consulting and professional training and development business servicing corporate clients (auditors, controllers, etc.), CPA firms, professional associations and others. He was an assistant professor at Long Island University – C.W. Post Campus as well as an adjunct lecturer at City University of New York. Prior to starting PSA, he was the Vice President-Professional Development for the Audit Division of a regional bank and Director of Professional Practices and Vice President of a money-center bank, where he directed the professional practice development and training for internal auditors.

Register Now Pay by Check

CECL Implementation: Moving Forward

Register Now

Financial Accounting Standards“Am I doing the right things to get ready for CECL?”  This is a common question asked by financial institutions as they struggle to figure out what CECL’s impact is going to be.  In November 2017, we provided a brief overview of CECL and introduced some real-life CECL methodologies some institutions might want to utilize to build a model(s) themselves.  In 2018, we will again look at some practical ideas financial institutions should be considering to stay on track throughout the implementation process.

This accounting webinar will focus on the latest thinking in the industry about how CECL can be effectively adopted by small- to mid-sized institutions.  We will briefly review the implementation steps that should have already been completed and look ahead to the next steps institutions should be thinking about.

 

In this banking webinar, attendees will hear about:

  • The latest thinking from regulators on CECL implementation
  • Implementation steps institutions should be working on currently or should have already completed
  • The next steps to make sure CECL implementation stays on track
  • Updated thoughts on CECL methodologies that could be considered by institutions
  • CECL’s impact on less talked about areas, including acquired loans and securities

Pricing

$249 for Webinar and Playback*
*Playback has no expiration and may be shared internally

Date of Events

Thursday, September 6, 2018

  • 12:00 – 1:30 pm (Eastern Time)
  • 11:00 – 12:30 pm (Central Time)
  • 10:00 – 11:30 am (Mountain Time)
  • 9:00 – 10:30 am (Pacific Time)

Credits

1.0 CPE Credits

Your Speaker

Brett Schwantes CPA 
Sr Manager
Wipfli CPAs and Consultants

About the Speaker

Brett Schwantes has over 20 years of experience working closely with financial institutions and is the leader of the Technical Issues Committee for the financial institutions practice of Wipfli LLP. He has received specialized training on accounting for a number of complex issues such as derivatives and fair value measurements of financial instruments, which has allowed him to better understand the unique problems and challenges this industry faces and to advise financial institutions on a variety of accounting and regulatory issues.

Brett shares his knowledge and understanding of current accounting trends and issues with other professionals through professional organization meetings, the WICPA Financial Institutions Conference, the Community Banking Advisory Network annual conference, and the annual Wipfli Community Banking Forums.

Register Now Pay by Check

What every Banker needs to know about CECL (Current Expected Credit Loss) Calculations

Register Now

…Not for the Bank but Implications for your customers

This is the third of the trifecta of changes that will be changing the face of financial reporting over the next three years (for public firms) and next four (for private firms).  The first is Revenue Recognition (2018), the second Leasing (2019) and finally CECL (2020) (Current Expected Credit Loss Calculation). Each of these will be required one year later for private firms.

This new standard is the most stealthy of changes.  While all the attention is being focused on the financial services industry, this change will effect every firm that receives anything other than US dollars for the their goods and services and have any investments other than US T-Bills.  Even if you settle by credit card or ACH you will need to set up an allowance for bad debt.

Bankers know how much work and expense is going into CECL preparation for their institution.  Think about your loan customer that has no idea of how to estimate this new number.  This is an opportunity to market your expertise and maybe recoup some of the expenses you incurred in developing your CECL implementation.

If you are a loan officer, credit officer, loan underwriter, accountant, financial analyst or loan reviewer you will need to be prepared on how to interpret the new statements. Otherwise you may be missing great opportunities to lend or invest. You may also miss out on opportunities to consult with the business community to get additional leads.

Attending this Loan Accounting Webinar you will gain

  • A High level understanding of the overall new standard
  • Implications of the new standard on the balance sheet and income statement of your clients
  • Implications for investments held to maturity
  • How to market the data your customers may need

Pricing

Only $249 for Webinar and Playback!*
*At BankersHub, our Playbacks have NO ARBITRARY EXPIRATION and may be shared internally!

Date of Events

Wednesday, May 9, 2018

  • 12:00 – 1:30 pm (Eastern Time)
  • 11:00 – 12:30 pm (Central Time)
  • 10:00 – 11:30 am (Mountain Time)
  • 9:00 – 10:30 am (Pacific Time)

Credits

  • 1.8 AAP Credits
  • 1.5 CPE Credits

Your Speaker

MaryAnn Lawrence, MBA ABD
Senior Lecturer, Cleveland State University

 

About the Speaker

MaryAnn Lawrence continues a 20-year career of teaching undergraduate and graduate course in business law, bank management, financial statement analysis, markets and institutions and principles of finance at Cleveland State University. She retired three years ago after over 25 years of responsibility for credit evaluation specialists who independently gauged the quality, collectability, and grading stratification of the commercial loan portfolio by in depth analysis of financial statements along with industry and economic data. Because of her credit expertise as well as my knowledge of accounting and how bankers use financial statements, she served during the six-year tenor of the Private Company Financial Reporting Committee of the Financial Accounting Standard Board. She continues to act as a consultant to FASB and RMA.

Register Now Pay by Check

Regulatory Expectations of Your Institution’s Credit Process (2-Part Series)

Register Now

The current credit environment and regulatory pressure have forced the management of many banks to reassess the bank’s credit process. Several institutions have found their credit process does not provide adequate sophistication to properly manage increasing portfolio risk. Other institutions have determined that as the bank has grown, the regulators’ expectations of required sophistication of the bank’s credit process have changed.

New tools are being developed to predict portfolio performance and proactively manage portfolio risk. These tools are being employed effectively by community banks as well as large banks to not only better manage portfolio credit risk but also build competitive advantage.

This credit process webinar will provide participants an overview of best practices in credit risk management. Participants will be able to benchmark their institution against regulatory expectations and industry best practices.  

Important Takeaways for attendees:

  • Determining risk tolerance
  • Defining the model portfolio
  • Loan policy/procedures
  • Organization of the lending function
  • Approval process
  • Asset quality rating framework
  • Risk based pricing
  • Quantifying portfolio risk
  • Comprehensive portfolio monitoring/reporting
  • Regulatory guidance for institutions with concentrations in commercial real estate
  • Portfolio stress testing
  • Active portfolio management to achieve the model portfolio
  • Loan officer responsibilities, workload, performance, appraisal and incentives
  • Portfolio Pruning
  • Allowance for loan and lease losses methodology (CECL)

Pricing

$395 for Webinar and Playback*
*Playback has no expiration and may be shared internally

Date of Events

Part 1: Friday, April 20, 2018

  • 12:00 – 1:30 pm (Eastern Time)
  • 11:00 – 12:30 pm (Central Time)
  • 10:00 – 11:30 am (Mountain Time)
  • 9:00 – 10:30 am (Pacific Time)

Part 2: Friday, April 20, 2018

  • 2:00 – 3:30 pm (Eastern Time)
  • 1:00 – 2:30 pm (Central Time)
  • 12:00 – 1:30 pm (Mountain Time)
  • 11:00 – 12:30 pm (Pacific Time)

Credits

3.0 CPE Credits

Your Speaker(s)

John Barrickman

President, New Horizons Financial Group

John Barrickman

About the Speaker

For 27 years, John Barrickman has served as President of New Horizons Financial Group, a financial services industry consulting firm nationally recognized as an expert in the areas of comprehensive credit risk management, credit process, loan policy formation, asset quality rating frameworks, risk based pricing and lender development. John is a frequent speaker and subject matter expert on credit policies and procedures at industry events nationwide.  John is also a Consulting Associate for Capital Performance Group.

Register Now Pay by Check

CECL Implementation: Moving Forward

Register Now

“Am I doing the right things to get ready for CECL?”  This is a common question asked by financial institutions as they struggle to figure out what CECL’s impact is going to be.  In November 2017, we provided a brief overview of CECL and introduced some real-life CECL methodologies some institutions might want to utilize to build a model(s) themselves.  In 2018, we will again look at some practical ideas financial institutions should be considering to stay on track throughout the implementation process.

This webinar will focus on the latest thinking in the industry about how CECL can be effectively adopted by small- to mid-sized institutions.  We will briefly review the implementation steps that should have already been completed and look ahead to the next steps institutions should be thinking about.

In this banking webinar, attendees will hear about:

  • The latest thinking from regulators on CECL implementation
  • Implementation steps institutions should be working on currently or should have already completed
  • The next steps to make sure CECL implementation stays on track
  • Updated thoughts on CECL methodologies that could be considered by institutions
  • CECL’s impact on less talked about areas, including acquired loans and securities

Pricing

$249 for Webinar and Playback*
*Playback has no expiration and may be shared internally

Date of Events

Thursday, April 12, 2018

  • 12:00 – 1:30 pm (Eastern Time)
  • 11:00 – 12:30 pm (Central Time)
  • 10:00 – 11:30 am (Mountain Time)
  • 9:00 – 10:30 am (Pacific Time)

Credits

  • 1.5 CPE Credits
  • 1.5 CHSP Credit

Your Speaker

Brett Schwantes
Senior Manager – Wipfli CPAs and Consultants

Register Now Pay by Check