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Unique Accounting Issues
for
Depository Institutions (UNIQ)
This two-day course is designed for auditing, controller, treasury and
other personnel involved with a depository institution’s GAAP financial
statements.
It focuses on unique aspects of current bank accounting that should be known
by attendees.
The primary areas of focus are:
- FASB Trends in "Rule Making"
- Daily Balancing and Posting to Trial Balance
- Daily "Proof" Function
- Single Entry Accounting
- Accounting for Non-Refundable Fees and Costs
Associated with Originating or Acquiring Loans
- Disclosure of Information about Financial Instruments
with Off-Balance- Sheet Risk and Financial Instruments with Concentration of
Credit Risk
- Disclosure about Fair Value of Financial Instruments
- Accounting by Creditors for Impairment of a Loan and the Loan Loss Allowance
- Accounting for Certain Investments in Debt and Equity
Securities
- Other-Than-Temporary Impairments (OTTI)
- Accounting for Transfers and Servicing of Financial
Assets and Extinguishment of Liabilities
- Purchase of Impaired Loans
- Accounting for Variable Interest Entities
- Accounting for Share-Based Payments
- Accounting for Certain Financial Instruments with
Characteristics of both Liabilities and Equity
- Accounting for Derivatives
- Fair Value Accounting
A one-day version is also available. Both versions keep attendees
current and allow participants to become familiar with unique accounting that
affects what they do. Either version is an excellent first-time course for
newcomers as well as a refresher and current update for seasoned attendees.
Category: Banking - Accounting
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