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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 institutionís 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 Bookkeeping
  • 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
  • Loan Modifications and TDRs
  • Disclosure about Fair Value of Financial Instruments
  • Accounting by Creditors for Impairment of a Loan and the Loan Loss Allowance
  • Accounting for Investments in Debt and Equity Securities
  • Other-Than-Temporary Impairments (OTTI)
  • Purchase of Impaired Loans
  • Accounting for Variable Interest Entities (VIEs)
  • Accounting for Share-Based Payments
  • Accounting for Certain Financial Instruments with Characteristics of both Liabilities and Equity
  • Accounting for Derivatives
  • Accounting for Goodwill and Impairment of Goodwill

A one-day version is also available.  Both versions keep attendees current and allow participants to become familiar with unique bank 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