This webinar will equip participants with critical insights into recent regulatory and accounting changes affecting the industry, as well as proposed updates for 2025. To keep everyone up to date, the agenda will also cover any new regulatory developments, ensuring that this training is highly relevant for the December 31, 2024, reporting period.
Participants will receive handout materials to include a PDF version of the presentation and additional documentation required to support the topics covered in the webinar.
What You’ll Learn
Recent Communications from Regulators:
- A discussion on Fair Value measures for equity securities with contractual restrictions under ASU 2022-03
- A summary of Staff Accounting Bulletin No 121 on Crypto-Asset Safeguarding Obligations
- Reporting estimated uninsured deposits under FIL 54-2023 and FIL 37-2023
- FIL 68-2023 and the proposed changes to Nondepository Financial Institutions, Reporting on Guaranteed Structured Financial Products, and long-term debt
- FIL 3-2024: Proposed changes to risk based regulatory capital requirements
A compilation of common questions asked during 2024 to include:
- Shifts in reporting status
- Reporting loan modifications to borrowers experiencing financial difficulties
- Brokered deposits and reporting in the proper line-items of Schedule RC-E
- Appropriately reflecting adjustments between the ACL for Loans and the ACL for Unfunded Commitments
- Deciphering when you have a loan commitment and when is it legally binding
- Reporting negative deposit accounts
- Bringing a nonaccrual loan back to accrual status
Who Should Attend
This program provides significant value for a wide range of individuals involved in Call Report preparation, review, or approval, regardless of their level of experience. Whether you’re a newcomer or a seasoned professional, the updates and discussions on accounting and financial reporting issues are tailored to enhance your knowledge and skills. This webinar aims to benefit a diverse audience by addressing current and relevant topics in the field of financial reporting.
