Current Matters and Common Questions Impacting the Call Report

The Call Report for 2023 is impacted by new and recent reporting requirements related to the FASB’s Accounting Standard Update (ASU) 2022-02 with impact to Accounting Standard Codification (ASC) Topic No 326 related to the elimination of Troubled Debt Restructuring recognition and measurement. In addition, the adoption of CECL under ASU 2016-13 is also impactful to regulatory reporting within your Call Report.

What You’ll Learn

New and Recent Reporting Revisions for 2023 Call Reports
A review of the changes to be implemented with the September 30, 2023 Call Report resulting from the 5-year mandatory review conducted by the FDIC in 2022. What data items are being deleted, what data items are staying, and what is still out for comment
A discussion on reporting TDRs/Modified loans
Reference Rate Reform matters as the termination of LIBOR became effective on June 30, 2023
Realized and unrealized gains and losses on equity securities, and new guidance on determining and reporting fair value on certain equity securities
Reporting crypto-asset safeguarding obligations
Common questions and potential reporting errors
Reporting multi-family loans in RC-C and RC-R
Reporting unfunded commitments and what does “unconditionally cancelable” really mean?
Loan coding and reporting loan income with a focus on areas that create questions
High-level Call Report impact from the adoption of CECL and common questions that arose from CECL implementation

Who Should Attend
Anyone responsible for preparing, reviewing, auditing, or signing the Call Report will find the program valuable. The seminar is designed for more experienced preparers and reviewers interested in new reporting requirements and up-to-date rulings impacting preparation of the Call Report.

Instructor Bio
Cynthia Dopjera, a Certified Public Accountant, has 38 years of experience focused on accounting and regulatory reporting for financial institutions. During the first 18 years of her career, Ms. Dopjera held various positions with responsibility across all operational areas, to include accounting, internal audit, Call Report preparation and review while working for community as well as regional banks.

In 2000, Ms. Dopjera joined the public accounting firm of Harper & Pearson Company, P.C., where she served as Practice Leader for the Firm’s financial institutions practice covering community and regional institutions. The Firm’s services included financial statement audit, accounting, tax preparation and filing, internal control audit, Call Report audit, loan and asset quality review, and design and implementation of internal controls over financial reporting frameworks for institutions regulated under FDICIA and Sarbanes-Oxley. In 2018, Ms. Dopjera retired from Harper & Pearson Company, and currently provides accounting, consulting, and training services to financial institutions.