The Call Report is constantly changing, producing confusion and many questions. Extensive changes took place over the course of the past few years and there are more on the horizon. This webinar will provide updates and training for experienced preparers and reviewers and will include coverage of new and complex issues impacting the Call Report preparation.What You'll Learn:

• Proposed and approved changes to the 2020 and 2019 Call Reports as well as other recent revisions
  
• Summary and outline of the implementation time-lines for new Accounting Standards Updates related to:
  • Equity securities under ASU 2016-01
    
  • Premium amortization on debt securities under ASU 2017-08
    
  • Lease accounting guidance under ASU 2016-01 (ASC Topic No. 842)
    
  • Revenue recognition (ASU 2016-20 / ASC Topic No. 606) with specific impact on sales of ORE
    
  • Current and expected credit losses (CECL) under ASU 2016-13

Annual training is highly recommended by regulators. The FFIEC 041 & 051 forms will be used and discussed in the presentation.

Who Should Attend:

This review of the Call Report updates will benefit anyone responsible for the implantation of new accounting guidance, preparation of Call Report schedules or the review of Call Report schedules. This training will supplement annual comprehensive Call Report training recommended by bank regulators.