In the dynamic realm of finance, the Call Report consistently evolves. In recent years, we’ve navigated significant changes, adapting to economic shifts, accounting updates, and regulatory reforms. As we progress into 2024, it’s essential to reflect on this journey and gear up for upcoming developments.
Participants will receive handout materials, including a PDF version of the presentation and additional documentation required to support the topics covered in the webinar.
What You’ll Learn
- 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
- Reference Rate Reform under ASU 2020-04
- Reporting estimated uninsured deposits under FIL 54-2023 and FIL 37-2023
- FIL 68-2023 and the proposed revisions for the June 2024 reporting period
- Proposed revisions for the September 2025 reporting period under FIL 3-2024
- Reporting loans modified to borrowers experiencing financial difficulties
- Reporting in Schedule RI line-items 5.l – Other Noninterest Income and 7.d – Other Noninterest Expense
- Reporting past-due, non-accrual, and modified loans in Schedule RC-N
- Deciphering when a loan should be a fixed interest rate versus a variable interest rate in Schedule RC-C Memo Item 2
- A discussion on HVCRE exposures
Who Should Attend
This program provides significant value for a wide range of individuals involved in Call Report preparation, review, or approval, regardless of their level of experience. Whether you’re a newcomer or a seasoned professional, the updates and discussions on accounting and financial reporting issues are tailored to enhance your knowledge and skills. This webinar aims to benefit a diverse audience by addressing current and relevant topics in the field of financial reporting.