Banking Financial Services and Insurance
Writing Effective Audit Observations
This webinar will provide the basic principles for writing effective audit observations. The audit observations represent the end result of weeks of reviews, analyses, interviews, and discussions. It is used to provide important information to management on the area you reviewed. And, more importantly, it provides details to management on significant issues that need to be addressed. How well you communicat..
AA Requirements for Banks
This webinar will cover the affirmative action compliance obligations that impact banks, including compliance obligations under Executive Order 11246 (affirmative action for women and minorities), Section 503 of the Rehabilitation Act of 1973 (affirmative action for individuals with disabilities), VEVRAA (affirmative action for protected veterans), and Executive Order 13672 (prohibiting discrimination on th..
Accounting for Income Taxes in Financial Statements
In light of recent legislation changing the Internal Revenue Code, many accountants are realizing they are not quite "up to speed" on the accounting for income taxes, particularly the handling of deferred tax assets and deferred tax liabilities. This webinar addresses most issues specifically covered in FASB Statement No. 109 (ASC 740.10) dealing with current and deferred income taxes. It puts the foc..
Accounting on the Move: What Recent Changes in US GAAP Accounting Mean for Borrowers and Lenders
Much of the change in GAAP in recent years is the result of collaboration between the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) to bring the US and international accounting principles closer together. At some point, both groups decided they were as close as they would be likely to get on several key concepts—revenue recognition, lease capitalization,..
ACH Debit Strategies in the Same Day ACH Environment - from the RDFI Perspective
This 90-minute session will focus on how when debits are added, and the impact this may have on ACH Processing – for the RDFI and the Receiver. Authorization language – the impact it has on Same Day Debits. On the Receiver side, If I authorize a payment today, or use the ACH card today, legacy ACH would debit my account tomorrow (at the earliest), as debits are next day. Things are different now – with Same..
Adjustable Rate Mortgage (ARM) Rule
We will be reviewing this mortgage rule as it pertains to current conditions related to obtaining a mortgage to buy a house and the differences which led to the mortgage real estate collapse from 2006 to 2010.Areas CoveredResources regarding the various indices that may be used for ARM lendingChecklists to ensure that all ARM documents are completeEmployee training logQuiz you can administer to measure staf..
Advanced ACH: Sticky Situations – Handling Consumer ACH Disputes
Financial institutions are often faced with handling consumer disputes of ACH debits; many situations aren’t covered in the ACH Rules book guidelines nor is there any clear direction from other resources. This session focuses on the most common disputes and provides staff with a basic understanding of what is required to maintain compliance plus tips on handling these issues. The course concludes with some ..
Antidumping and Countervailing Duties: The Nuts and Bolts
Antidumping (AD) occurs when foreign manufacturers sell goods in the United States less than fair value, causing injury to the U.S. industry. AD cases are company specific; the duty is calculated to bridge the gap back to fair market value.Countervailing duties (CVD) cases are established when a foreign government provides assistance and subsidies, such as tax breaks to manufacturers that export goods to th..
Asset Based Lending: Policy and Underwriting Guidance for Borrowing Base Lending on Receivables and Inventory
Asset-based lending (often referred to as “ABL”) is a form of commercial lending designed to finance safely the working capital needs of a borrower whose cash flow may not support debt repayment. Like other commercial loans, cash flow is the primary repayment source for an asset-based loan but with a stronger reliance on the company's assets as collateral and firmer control over the receipts of the collater..
Auditor Responsibility Re: Fraud
This webinar focuses on fraud in the corporate environment. It reiterates some of the authoritative CPA literature related to fraud. It is, however, equally important to non-CPAs (e.g. internal auditors, corporate departmental managers, senior management, board members). It provides a basic understanding of fraud-related definitions and requirements. In particular, it separates the fraud discussion between:..
Background Checks for Banks
Employee background checks are an inescapable reality for financial institutions. And while developing and administering an appropriate background check program has always presented tricky compliance issues for banks and credit unions, regulatory and legal developments in this area have made compliance both more challenging and more important.Financial institutions face greater potential challenges and pitf..
Beware Employee Embezzlement & Internal Fraud
This webinar examines the scope and nature of employee dishonesty and explains the risks to employers and organizations of all types. It goes on to deal with the practical aspects of prevention and response to victimization, as well as balancing the need to assure that corrective and deterrent programs and policies do not unduly interfere with normal operations and opportunities and do not generate other ma..
Blockchain Demystifed - What It Really Is, What It Can Do, and How It May Impact the Business World
The blockchain is a new fundamental technology. It has been liking to the advent of the internet in the scope of its possible changes for the future of the business world. This technology has a chance to change everything throughout the business. Most people are clueless about blockchain and they don't fully understand it. Even if you try to Google blockchain, read about it and its implications it becomes c..
Capital Adequacy and Stress Testing: Understanding the CCAR (Federal Reserve) and DFAST (OCC) Programs
Banks and Credit Unions are subject to programs of the Federal Reserve, the Office of the Comptroller of the Currency (OCC), and the National Credit Union Administration (NCUA), which test whether each Bank or Credit Union has sufficient capital to navigate successfully through adverse future economic scenarios. The required analysis involves estimating the losses the Bank or Credit Union will incur in a ra..
Cash Flow Analysis of Borrower’s Repayment Ability
Understand the Importance of Cash Flow to Bankers, How to calculate it and what its Uses are. As a banker, you need to interpret cash flow and calculate it accurately to pitch a stellar success. This session is designed to assist you as a banker in calculating cash flow from operations and help you to calculate Global Cash Flow Analysis for those entities that must rely on excess cash generated by their own..