Call Report Preparation - 2 Day Live Streaming

The Call Report is a dynamic and ever-changing document in the realm of financial reporting. Over the past few years, we've been on a continuous journey of adaptation, carefully addressing and implementing extensive alterations and updates to this crucial report. The financial landscape is not static, and regulatory authorities regularly introduce modifications to ensure accurate and transparent reporting. As we look ahead, we acknowledge that the journey of change continues and we must continue to be proactive and adaptive to those changes

Live Stream OnDemand
April 3, 2024
April 4, 2024
Presented by Andrea Lambert
12 CPE Credits
$1,679.00 or 6 Tokens

Includes: 12 months of OnDemand playback access

  • Accounting/Reporting
  • Auditing
  • Management/Employee Development
  • Reporting
  • Branch Manager
  • Compliance Officer
  • Controller/Accountant
  • Internal Auditor
  • Risk Manager
  • Trainer

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This immersive 2-day live streaming webinar is designed to offer valuable insights into the latest developments in the Call Report. Throughout the event, we will delve into new, proposed, and revised changes, with a focus on specific Call Report line items that are directly affected.

Attendees can expect comprehensive discussions on accounting guidance and regulatory changes. This program is tailored to equip you with the knowledge and expertise needed to navigate the evolving reporting landscape effectively. Staying well-informed is key to ensuring that your financial institution is fully compliant and prepared for the dynamic world of financial reporting.

This training program offers a versatile learning experience. It caters to both new preparers, providing fundamental training, and experienced preparers, offering in-depth coverage of advanced topics. The content structure ensures that everyone benefits.

Participants will receive handout materials to assist them in following the training agenda. While the primary focus will be on the FFIEC 041 and 051 forms, it's important to note that if your bank files the FFIEC 031 report, the information presented will still be advantageous.

To make the most of this training, it is recommended that participants come prepared. Bringing a copy of their recent Call Report or printing out a blank copy of the applicable FFIEC form for their bank can enhance the learning experience and facilitate a better understanding of the topics covered.

Included Webinars

  • Call Report Preparation Streaming Day 1
  • Call Report Preparation Streaming Day 2

Series Details

Call Report Preparation Streaming Day 1

A summary of the reporting impact and the implementation timelines for new Accounting Standards Updates (ASU) related to the following will be discussed:

  • Reference Rate Reform under ASU 2020-04
  • Lease Accounting under ASU 2016-02
  • Credit Loss Accounting (CECL) under ASU 2016-13 to include regulatory reporting matters
  • Troubled Debt Restructuring under ASU 2022-02

The following schedules will be covered, however, not all line items within each schedule will be discussed (subject to change):

  • Schedule RC – Report of Condition
  • Schedule RI – Report of Income

Report of Income schedules:

  • RI-A - Changes in Equity Capital
  • RI-B - Charge-Offs and Recoveries
  • RI-C - Allowance for Credit Losses
  • RI-E - Explanations

Report of Condition schedules:

  • RC-A - Cash and Due From Banks
  • RC-B – Securities
  • RC-F - Other Assets
  • RC-G - Other Liabilities

Call Report Preparation Streaming Day 2

The following schedules will be covered, however, not all line items within each schedule will be discussed (subject to change):

  • RC-C - Loans
  • RC-E - Deposits
  • RC-K - Average Balances
  • RC-L - Unused Commitments & Off-Balance Sheet Items
  • RC-M – Memoranda
  • RC-N - Past Due, Nonaccruals & TDRs
  • RC-O - Insurance Assessments
  • RC-P – Mortgage Banking Activities
  • RC-Q – Reporting Fair Value Assets and Liabilities
  • RC-R Part I - Capital Ratios and the CBLR
  • RC-R Part II - Risk Weighting Assets (with a focus on the loan portfolio and unfunded commitments)
  • RC-S - Servicing, Securitization, Sales
  • SU – Report 051 items covered with discussion of Form 041 corresponding items

What You'll Learn

This training will cover general preparation instructions, background on regulatory matters that impact the Call Report, changes in reporting status, regulatory rules, and general information about reporting requirements under U.S. GAAP.

A discussion of regulatory changes impacting the current Call Report will be covered in detail. As new regulatory matters arise, they will be added to the agenda in order to provide participants with the most current training applicable.

Who Should Attend

Call Report preparation is a multifaceted task that demands a deep understanding of bank accounting, regulatory requirements, and various banking operations. Regulatory authorities highly recommend annual training to stay abreast of evolving standards. It's advisable for banks to designate individuals who are trained as both preparers and reviewers for this critical task.

This program offers value to anyone involved in preparing, reviewing, or signing a Call Report, whether they're newcomers or seasoned professionals. The updates and discussions on accounting and financial reporting issues ensure that all participants can enhance their knowledge and skills.

To maximize the benefit of the program, it's essential to communicate specific areas of concern in advance. This allows the seminar organizers to address these topics adequately and cater to the needs of the participants.

Field of Study:Accounting

Skill level:Basic


Advanced Preparation:None

Andrea Lambert

Instructor Bio

Andrea Lambert is currently lending her skills as a trainer and consultant as a member of the 3PR staff. Andrea has over 20 years of banking experience with a broad range of financial and operational skills. She began her banking career as a part-time teller and bookkeeper as she completed her B.S. in Finance from Illinois State University. In 2005, she started a seven-year career with the Office of the Comptroller of the Currency as an associate national bank examiner, becoming familiar with rules and regulations, best practices, and success strategies as they relate to the call report process and the banking industry as a whole. In 2012, Andrea filled the cashier position at a local community bank. During the ten years she worked there, she was responsible for ensuring the accuracy of various operational components of the bank, with a focus on call report preparation.

Continuing Education Credit Information

Call Report Preparation - 2 Day Live Streaming has been approved for 12 CPE credits. Credits are redeemable for Live attendance only.

OnCourse Learning is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

Students can contact OnCourse Learning via email at support@oncourselearning.com to lodge complaints or issues.