2023 Call Report Recap and Look Into 2024 Webinar
This 90-minute webinar will include a discussion of regulatory and accounting changes impacting the fourth quarter of 2023 and those proposed to impact 2024. As new regulatory matters arise, they will be added to the agenda in order to provide participants with the most current training applicable for the December 31, 2023, reporting period with a look at what to expect for March 31, 2024.
In the ever-evolving world of finance, the Call Report undergoes constant change. Over recent years, we’ve adapted to extensive transformations and faced the impact of economic, accounting, and regulatory shifts. As we peer into the 2024 financial landscape, it’s crucial to acknowledge the journey and prepare for what lies ahead.
Participants will receive handout materials to include a PDF version of the presentation and additional documentation required to support the topics covered in the webinar.
What You’ll Learn
- A recap on Credit Loss Accounting (CECL) under ASU 2016-13 (ASC Topic No 326) to include regulatory reporting matters.
- Reporting Modified Loans under ASU 2022-02 and ASC Topic No 326 upon CECL adoption.
- A discussion on Fair Value measures for equity securities with contractual restrictions under ASU 2022-03
- A look at Layering Method-Derivatives under ASU 2022-01
- A summary of Staff Accounting Bulletin No 121 on Crypto-Asset Safeguarding Obligations
- Reporting estimated uninsured deposits under FIL 54-2023 and FIL 37-2023
- A look at FIL 53-2023 and the proposed revisions for the March 2024 reporting period
- The proper reporting of overdrafts in Schedule RC-C
- A look at how multi-family loans can be assigned a 50% risk weight within Schedule RC-R Part II
- Reporting mortgage lending activities
- Transactions that could trigger a change in filing status.
- Advantages of opting into the Community Bank Leverage Ratio framework
- Deciphering when a loan should be a fixed interest rate versus a variable interest rate in Schedule RC-C Memo Item 2.
- A look at extensions of credit to insiders within Schedule RC-M
Who Should Attend
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.
