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Current Matters and Common Questions Impacting the Call Report

This webinar will bring participants current with regulatory and accounting changes that impact the September 30, 2023, Call Report and provide answers to the most frequently asked questions during 2023.

OnDemand
Recorded Wednesday,
October 11th, 2023
2 Presenters
2h total length
2 CPE Credits
$279.00 or 1 Token

Includes: 30 Days OnDemand Playback, Presenter Materials and Handouts

  • Accounting/Reporting
  • Auditing
  • Lending
  • Reporting
  • Commercial Lender
  • Consumer Lender/Retail Banker
  • Controller/Accountant
  • Credit Analyst
  • Internal Auditor
  • Loan Closer
  • Loan Operations Manager/Specialist
  • Senior Management

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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 the preparation of the Call Report.

Field of Study:Accounting

Skill level:Basic

Prerequisites:Basic knowledge of a bank’s general ledger chart of accounts with a basic understanding of bank accounting. Familiarity with preparing a call report.

Advanced Preparation:No advanced preparation required.


Cynthia Dopjera

Instructor Bio

Ms. Dopjera, a Certified Public Accountant, has 40 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, including 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.


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

Current Matters and Common Questions Impacting the Call Report has been approved for 2 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.