The learning experience is designed for those who are new to bank accounting, bank auditing, or those who are looking for a refresher on the accounting practices and basic components of the balance sheet and income statement of a financial institution. Time should be allowed for post-session follow-up work on accounting exercises provided as part of the learning experience. The presentation information and extensive exhibit takeaways contribute significantly to the learning experience and provide a source for future reference on the accounting topics covered.
Bank Accounting: The Basics – Part 1
The presentation information and extensive exhibit takeaways contribute significantly to the learning experience and provide a source for future reference on the accounting topics covered.
What You’ll Learn
The first webinar will explain general accounting practices to include a discussion of double-entry accounting, the general ledger, and U.S. GAAP. This part will also focus on accounting for cash and amounts due from correspondent banks. Accounting entry examples and exercises will be provided.
Bank Accounting: The Basics – Part 2
The presentation information and extensive exhibit takeaways contribute significantly to the learning experience and provide a source for future reference on the accounting topics covered.
What You’ll Learn
The second webinar will focus on accounting for Investment securities and loans, including accounting for premiums and discounts and unrealized gains and losses on investments, and accruals into the allowance for loan losses. The associated income and expenses that flow through the income statement as part of the accounting cycle for these assets will also be covered. Accounting entry examples and exercises will be provided.
Bank Accounting: The Basics – Part 3
The presentation information and extensive exhibit takeaways contribute significantly to the learning experience and provide a source for future reference on the accounting topics covered.
What You’ll Learn
The third webinar will cover non-interest bearing assets to include premises and equipment, other real estate owned, and prepaid expenses with a discussion on the associated expenses that flow to the income statement. This part will also look at the practice of accruing for future expenditures and other liabilities, including a discussion on official checks and the associated debits and credits that keep the bank’s official checks in balance. Accounting entry examples and exercises will be provided.
Bank Accounting: The Basics – Part 4
The presentation information and extensive exhibit takeaways contribute significantly to the learning experience and provide a source for future reference on the accounting topics covered.
What You’ll Learn
The fourth webinar will cover interest-bearing liabilities, including deposits, borrowings, and debt, and the associated interest expenses that flow to the income statement. The capitalization of interest payable on deposit accounts and the handling of debt issuance costs will also be discussed. This part will also look at the practice of accruing for future expenditures and other liabilities, including a discussion on official checks and the associated debits and credits that keep the bank’s official checks in balance. Accounting entry examples and exercises will be provided.
Bank Accounting: The Basics – Part 5
The presentation information and extensive exhibit takeaways contribute significantly to the learning experience and provide a source for future reference on the accounting topics covered.
What You’ll Learn
The fifth webinar will focus on the equity section of an institution’s balance sheet, to include the basic concept of common equity instruments and the roll forward of the current year’s net income or net losses into the equity equation. Accounting entry examples and exercises will be provided. The basic concepts of consolidation accounting will also be discussed in this last part of the series.
What You’ll Learn
Related Topics
Instructor
Cynthia Dopjera
Ms. Dopjera, a Certified Public Accountant, has 38 years of experience focused on accounting and regulatory reporting for financial institutions. During the first 18 years of her career, Ms. Dopjera h... read more.
