The Call Report: Understanding, Purpose, Contents and Importance (CALL)
This two-day course is designed for depository institution auditing, controllers, and treasury personnel.
It shows the importance of the quarterly Call Report and the items in the Call Report financial statements (balance sheet and income statements) and the various Call Report "supporting" schedules.
The focus is on those depository institutions of all asset sizes with no foreign offices who must file form FFIEC No. 041. A version of the course using FFIEC No. 031 is also available.
Coverage includes what belongs on each line of the Call Report financial statements and schedules with an explanation of the related product or service and the applicable accounting.
Special attention is paid to the Report of Condition (the balance sheet) and its supporting schedules:
RC-A Cash and Balances Due From Depository Institutions
RC-C Loans and Leases
RC-D Trading Assets and Liabilities
RC-E Deposit Liabilities
RC-F Other Assets
RC-G Other Liabilities
RC-K Quarterly Averages
RC-L Off-Balance-Sheet Items
RC-N Past Due and Non-Accrual Loans, Leases, and Other Assets
RC-O Other Data for Deposit Insurance and FICO Assessments
RC-P Closed-End 1-4 Family Residential Mortgage Banking Activities
RC-Q Financial Assets and Liabilities Measured at Fair Value
RC-R Regulatory Capital
RC-S Bank Securitization and Asset Sale Activity
RC-T Fiduciary and Related Securities
RC-V Variable Interest Entities
This course provides an excellent understanding of the Call Report, its contents, and its importance to regulators.
Category: Banking – Call Report