CECL methodology will begin to take effect starting in 2020 for some institutions. Banks should be preparing now to make sure they understand how the new model will affect their profitability and planning. To make the best decision for their bank, bankers should understand the different types of methodology available.

Doug Keipper, is a Certified Anti-Money Laundering Specialist (CAMS) since 2005 and former BSA officer and compliance officer for an $800M commercial bank in Atlanta before it sold twice in one year. He has taught anti-money laundering throughout the southeast and on-line since 2008. He has spent over 20 years in retail banking, wholesale mortgages and financial services.

Tax returns can offer excellent insight into the challenges, strengths, and viability of your business clients. By applying advanced analysis techniques, you can unlock the secrets hidden within the numbers. You will likely need to delve into business owners’ personal 1040 tax returns, as well as the company returns of LLCs, S corporations, and C corporations. To discover the interconnections and their impact, you must comprehend Schedules M-1, M-2, and K-1; pass-through transactions; and other deductions.

Please join our expert, Gary Deutsch, CPA MBA, as he discusses the step-by-step process for preparing an ACL under CECL.

Elders have accumulated a lifetime of savings, and are now getting monthly checks for pensions, retirement accounts, and social security. They may also be challenged with cognitive impairment (dementia and Alzheimer’s disease), along with isolation, physical decline, and bereavement from the loss of a lifelong partner or close friend. Annual losses to older adults and vulnerable people of all ages total more than $3 billion. Banks and Credit Unions lose more than $1 billion annually.

A thorough understanding of financial statements is a fundamental tool in credit analysis. Although credit analysts should have a basic sense of how to read financial statements, it is important to apply analysis tools to the data to gain a better understanding of a borrower’s financial position and performance. Financial ratios can significantly improve an analyst’s ability to see an applicant’s total financial picture.

Please join Kelly Caspersen for this informative session to learn more on the risks and rewards of Mobile Remote Deposit Capture.

You must understand the businesses you serve to evaluate companies and protect your institution. To analyze financial statements and calculate risks, you need to comprehend the basics of accounting, business law, and lender liability.

Understand the potential impact of the new lease standard on their portfolios of commercial real estate loans as well as their approach to underwriting new loans as the new standard is implemented.

Dive into the world of check returns and adjustments, and understand the key difference between check adjustments and returns as well as the time frames associated with each.

Prepare for examinations of your risk management program related to new, modified or expanded bank products and services.

Learn what financial institutions need to understand about the constantly evolving areas of cybersecurity and privacy law as it applies to them, their practices and their customers.

Learn best practices in debt collection compliance

Guidance through developing, performing and auditing the ALLL estimate to assure that your institution and board are prepared to fulfill this vital function and meet regulatory expectations

Learn how to assess the adequacy of your institution’s Business Continuity Plan to not only meet regulatory requirements, but also to address the realities of developing, implementing, and maintaining cost-effective Business Continuity Planning

Learn how to comply with the FASB’s new lease accounting requirements