Are you seeking to gain an understanding about how operational activities interface with the accounting and financial reporting aspect of your bank? Do daily policies and procedures seem redundant and not necessary?

Would it be helpful to understand why the daily activities you perform within the operations area are key to protecting the bank for losses?

This learning experience is designed for bankers working in the operational areas of teller operations, wire transfers, deposit operations and loan operations. Participants will gain an understanding of the importance certain policies and procedures play in the accurate accounting for bank assets and liabilities. This series will cover:

• General application of accounting practices to include a discussion of double-entry accounting, the general ledger and the flow of accounting transaction activity into a balance sheet and income statement.
• The impact of debits and credits posted to the major categories of assets, liabilities, equity, income and expense.
• The importance of internal control procedures that are part of your daily tasks and responsibilities.
• Examples and exercises to illustrate accounting transactions for involving cash, wire transfers, deposits and loans will play a significant role in the learning experience.
• Discussions related to basic and important internal controls with description of why controls are important to the overall accounting and financial reporting process of the institution.

The presentation materials and the extensive exhibit take-aways provide a future reference source to all participants on the accounting topics covered.