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Call Report Update & Avoiding Costly Mistakes

Jan 10 2:00 PM - Jan 10, 2023 3:30 PM
Jan 10, 2023 2:00 PM - 3:30 PM
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Learn all about the 2023 Call Report revisions before you begin preparing the next report. Join this webinar to explore the impacts of CECL, the new risk-based capital rule, technical clarifications, and more. Ensure you are up to date with the changes to reporting forms and instructions – and know how to avoid common errors.

Learning Objectives

  • Evaluate the new accounting standards that impact call reporting
  • Understand how to reflect the adoption of the Current Expected Credit Losses (CECL)methodology
  • Explain the most recent changes to the Call Report
  • Distinguish between the different types of assets used to fund employee benefit plans
  • Avoid costly mistakes and prevent audit/examination findings

The Call Report is continually changing in response to new accounting standards, rules, regulations, and NCUA’s Modernization Initiative. Many of the recent changes relate to the new risk-based capital (RBC)rule and disclosures designed to monitor the financial health and stability of credit unions. Examiners are consistently reporting Call Report errors as findings, regardless of materiality. This program will explore recent changes, the impact of CECL, and how to avoid common – yet costly – mistakes.

Agenda

Speakers

Stephen J.M. Schiltz, CPA, CLA

Steve Schiltz is a principal with CLA’s Tucson office. He began his career with CLA in 2002 and has extensive experience providing assurance and consulting services to community financial institutions. Steve has made presentations to management teams, supervisory committees, and boards of directors, as well as national speaking engagements and webinars.

A licensed CPA in Arizona and Texas, Steve is a member of the AICPA, Arizona Society of CPAs, and the Beta Gamma Sigma Honor Society. He received his bachelor’s in accounting, cum laude, from the University of Arizona in Tucson.

Location

Fees

$259.00 

Live and recorded webinar, handouts, quiz with answer key and training log are included.

Your registration includes unlimited locations, making it easier to share and learn with remote staff.

Please note: You may share the link with others at your credit union, however the confirmation will be sent to one primary contact at your credit union. It will be up to the primary contact to share the material with others.

Additional Info

Event Type

Webinar

Topics Covered

  • Lending & Collections
  • Live Webinars
  • Compliance