Financial Services and Trading
Every ERP system has its “canned” reports for AR status and results, as well as fairly sophisticated query capabilities to enable analyses of operational throughput and results. However, do these formats and analyses serve your informational needs given that your customer base/segments, products/services, market posture, policy, process, and IT capability are unique? Probably not.However, you can specify th..
This webinar discusses how to select third parties, understand the direct and indirect risk, tools to protect your reputation, create controls and implement management practices that will facilitate understanding and enterprise-wide attention to this emerging risk area.All businesses outsource certain functions and or processes. It is efficient and usually good for business. However, not all businesses full..
EBITDA is a popular measure of cash flow, but it is not accurate, and bankers and investors who rely on it as a reliable indicator of repayment ability will be deeply disappointed. The session includes several examples and a case study to illustrate why EBITDA is flawed and how to apply better cash flow tools.Areas CoveredDefinition of EBITDAOrigins of EBITDA—its relationship to traditional cash flow (TCF)P..
Making of Financial StatementsUnderstanding & Analysing Financial StatementsFinancial Ratios The Path to Profits & ProfitabilityThree related Finance & Accounting topics are presented in this Webinar:Making of Financial Statements:Transforming transactions to statementsInteractive exercises to illustrate the accounting processOverview of the entire accounting process is simple to understand ..
The Consumer Financial Protection Bureau’s Debt Collection Rule, promulgated under the Dodd-Frank Act to update the Fair Debt Collection Practices Act, (15 USC 1692) was published in November 2020, in an effort to bring debt collection regulation into the 21st century. It will impact the practices of third-party debt collectors. Collectors and creditors alike need to understand the new requirements related ..
A strong credit culture:Focuses the organization—everyone on the same pageReduces organizational conflict and confusion—prioritiesMinimizes need for rigid controlsSupports commitment to the organizational vision and missionAdds to the organization’s bottom line and enhances shareholder valueIn order to achieve the advantages of strong credit culture, there must be strong credit management. Achieving both me..
The economic downturn caused by the Covid 19 virus will force most companies to sell on credit to financially weak customers in order to survive. This is a huge, unwelcome, risky change. How can a company do this and survive?Success in generating cash will be driven by the following actions/programs:Define, agree and articulate a Corporate Posture for selling to financially weak customers on credit. How acc..
Data protection and privacy is an important issue this day for the public. Rules & regulations for organizations are becoming stricter as we move forward. The California Consumer Privacy Act will provide people with more control over their privacy and personal data. It’s essential to understand the various aspects and conditions, as well as the implications of wrongdoing for organizations.Areas CoveredC..
The agencies that comprise the Federal Financial Institutions Examination Council (FFIEC) created the FFIEC Bank Secrecy Act/Anti-Money Laundering (BSA/AML) Examination Manual. These examination procedures apply to banks, savings and loan associations, savings associations, credit unions, and branches, agencies, and representative offices of foreign banks.Manual provides guidance to examiners for carrying o..
International regulation is clear and thorough about a theme: under pillar 3 requirements, risks must be disclosed according to the rules of the art. This includes making a statement on risk appetite and giving a useful picture about the overall risks actually incurred by the institution, be these risks covered by capital requirements or not, be these risks well understood or less so. The importance of pill..
This webinar will cover the entire credit process from how to obtain the information and what you need to look for in the statements. We will show the relationship between the income statement, balance sheet, and statement of cash flows. We will go through an entire analysis process using a variety of ratios including Liquidity, Activity, Leverage, and Profitability. The webinar will show how to common-size..
During this webinar, we will discuss the Nacha operating rules and how they impact your organization or specifically, your role. Due to the ever-changing regulatory landscape for financial institutions, rules & regulations keep changing or new ones are added, that address back-office functionality. Nacha operating rules describe and outline the path to follow.Areas CoveredOverview and backgroundNacha Op..
During this webinar, we will go over the fundamentals of CIP, CDD, EDD, CTR, and also, current Issues that impact your day-to-day. Due to the ever-changing regulatory landscape for financial institutions, rules & regulations regarding financial crimes are increasing. It’s important to understand the red flags associated with reporting, customer interaction, and on the IT side, but also the fundamental s..
Your company just received a large order from a brand-new customer, and they are anxious to get it shipped. However, as you try to pull a credit report you are not able to find anything of substance on this potential new customer, what do you do? This webinar will give you tools that you can use to help find out more about this potential new account, how to work with your sales team to get them educated abo..
One of the most basic analytical and underwriting tools a banker must have is the ability to determine whether a borrower can repay its short-term borrowings based on the financial information available. First, the session will explain the interrelationships among revenue projections, the expenses needed to support seasonal sales growth as well as the working capital assets, fixed assets, and li..