Troubled Debt Restructuring: What Qualifies & Accounting for TDRs as Credit Improves

TDR accounting was impacted by the temporary pandemic provisions.

Now that those provisions have expired, loan delinquencies and charge-offs may increase. Will borrowers be asking for loan modifications to get through this next economic cycle? What if their credit is improving? How does CECL come into play? Learn more about accounting for TDRs in this changing environment.

After This Webinar You’ll Be Able To:

  • Apply the proper accounting for the progression of a TDR from initial designation through removal from TDR listing
  • Measure TDR impairments
  • Draft financial statement disclosures related to TDRs
  • Implement policy and procedure modifications to add or remove the TDR designation
  • Understand the impact on TDR accounting of recent accounting developments and CECL adoption

Webinar Details
We are emerging from an extended period of low delinquencies and high borrower liquidity. This webinar will prepare you for addressing troubled debt restructuring (TDR) accounting, including regulatory guidance that allows moving TDRs from the impaired loan portion of the allowance for loan losses (ALLL) to the general reserve. It will also address how TDR accounting has been affected by recent accounting developments and the impact of CECL adoption on the process.

Who Should Attend?
This informative session is best suited for accounting staff and loan personnel who deal with TDR designation, monitoring, and financial reporting.

Take-Away Toolkit

  • Sample TDR checklist
  • Sample policy modification language
  • Employee training log
  • Interactive quiz
  • PDF of slides and speaker’s contact info for follow-up questions
  • Attendance certificate provided to self-report CE credits

NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your agency is prohibited. Print materials may be copied for eligible participants only.

Presenter Bio

Todd A. Sprang, CPA – CLA
Todd Sprang
is one of CLA’s leading financial institution service providers. He has over eleven years of upper management and principal-level experience performing audit and consulting services for the financial services industry. Sprang has extensive experience assisting with initial FDICIA and SOX compliance and satisfaction of audit and compliance requirements of non-supervised and supervised mortgagees. He has performed many non-audit engagements, including providing merger and acquisition assistance, developing and performing risk assessments, and leading co-sourced and outsourced risk-based internal audit engagements.

Sprang holds a bachelor’s in accounting and marketing from the University of Wisconsin–Madison. He is a member of the AICPA Depository Institutions Expert Panel and the Illinois Certified Public Accountants Society.

Registration Options

  • $245 – Live Webinar Access
  • $245 – OnDemand Access + Digital Download
  • $350 – Both Live & On-Demand Access + Digital Download
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Date

Sep 15 2022

Time

2:00 pm - 3:30 pm

Cost

$245.00

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