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2024 Call Report Recap and a Look Into 2025

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 2025 financial landscape, it’s crucial to acknowledge the journey and prepare for what lies ahead.

OnDemand
Recorded Thursday,
December 12th, 2024
Presented by Andrea Lambert
1h 30m total length
1 CPE Credits
$299.00 or 1 Token

Includes: 30 Days OnDemand Playback, Presenter Materials and Handouts

  • Accounting/Reporting
  • Auditing
  • Lending
  • Consumer Lender/Retail Banker
  • Controller/Accountant
  • Credit Analyst
  • Internal Auditor
  • Loan Closer
  • Loan Operations Manager/Specialist
  • Senior Management
  • Training Manager
  • Trainer
  • Workout Specialist/Collector

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This 90-minute webinar will include a discussion of regulatory and accounting changes proposed to impact 2025. As new regulatory matters arise, they will be added to the agenda in order to provide participants with the most current training applicable.

What You'll Learn

  • ASU 2020-04: Reference Rate Reform
  • A discussion on Fair Value measures for equity securities with contractual restrictions under ASU 2022-03
  • 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
  • FIL 68-2023 and the proposed changes to Nondepository Financial Institutions, Reporting on Guaranteed Structured Financial Products, and long-term debt
  • FIL 3-2024 and the proposed changes to the regulatory capital requirements for large banking institutions
  • Reporting loan modifications to borrowers experiencing financial difficulties
  • The proper reporting of overdrafts in Schedule RC-C
  • Reporting mortgage lending activities
  • Transactions that could trigger a change in filing status
  • Appropriately reflecting adjustments between the ACL for loans and the ACL for Unfunded Commitments
  • Advantages of opting into the Community Bank Leverage Ratio framework
  • Reporting extensions of credit to insiders

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.

Field of Study:Accounting

Skill level:Basic

Prerequisites:None

Advanced Preparation:None


Andrea Lambert

Instructor Bio

Andrea Lambert is currently lending her skills as a trainer and consultant as a member of the 3PR staff. Andrea has over 20 years of banking experience with a broad range of financial and operational skills. She began her banking career as a part-time teller and bookkeeper as she completed her B.S. in Finance from Illinois State University. In 2005, she started a seven-year career with the Office of the Comptroller of the Currency as an associate national bank examiner, becoming familiar with rules and regulations, best practices, and success strategies as they relate to the call report process and the banking industry as a whole. In 2012, Andrea filled the cashier position at a local community bank. During the ten years she worked there, she was responsible for ensuring the accuracy of various operational components of the bank, with a focus on call report preparation.


Continuing Education Credit Information

2024 Call Report Recap and a Look Into 2025 has been approved for 1 CPE credits. Credits are redeemable for Live attendance only.

OnCourse Learning is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

Students can contact OnCourse Learning via email at support@oncourselearning.com to lodge complaints or issues.