If you have any questions or comments please give us a call at 1.800.348.1831 or submit a form here and we will get back to you as soon as possible. Please visit our Educational Services page for more webinars.
|Event Name:||Essential Principles of Accounting for Financial Institutions - 3-Part Bootcamp|
|Date:||Wednesday, February 22, 2017 11:00am CST|
|Panelist(s) Info:||Paul J Sanchez - Owner PSA, Professional Services Associates|
This is a 3-part Bootcamp designed to give anyone involved in management of a financial services institution (bank or credit union) the essentials of financial institutional accounting and financial statements.
A series designed not only for persons in the accounting and finance areas, but also as a refresher for seasoned managers and supervisors who need a working knowledge of the aspects and elements unique to financial services accounting.
This bootcamp is designed for professionals with some prior exposure to bank finances.
Part 1: Wednesday February 22, 2017 11:00am - 12:30 pm CT
This 90-minute session illustrates a few of the unique bookkeeping mechanisms that depository institution’s follow –daily balancing and single-entry bookkeeping.
Part 2: Thursday February 23, 2017 11:00am - 12:30 pm CT
This 90-minute session consists of a review of several of the typical GAAP financial statements of depository institutions. The primary focus will be on the balance sheet and the income statement.
Part 3: Friday February 24, 2017 11:00am - 12:30 pm CT
This 90-minute session provides explanations of specific elements (assets, liabilities, equity, interest income, interest expense, non-interest income, non-interest expense, current and deferred income tax expense) presented in the typical financial statements. The session will also discuss related business and accounting implications for the elements.
Specific coverage addresses the following: