Events Calendar

Webinar - Call Report Series: Call Report Preparation: Avoiding Common Errors
Tuesday, July 23, 2019, 03:00pm - 04:30pm

The Call Report is continually changing in response to new rules and regulations and NCUA’s Regulatory Modernization Initiative. Examiners are consistently reporting Call Report errors as findings, regardless of materiality. This program is designed to help you avoid common – yet costly – mistakes, including:

  • Common errors that have resulted in examiner and auditor findings
  • Critical areas to review for completeness and precision
  • Enhancing the accuracy of the data entered into the Call Report
  • Real-world examples
  • Compliance with generally accepted accounting principles (GAAP) in a regulatory-reporting environment

HIGHLIGHTS

  • How to account for foreclosed and repossessed assets, including industry best practices
  • What to include and exclude from loan interest income and loans and leases
  • Delinquency reporting eccentricities
  • When mortgage servicing rights (MSRs) are recognized and reported
  • Commercial loan definition, exclusions, and reporting examples
  • Accounting and regulatory guidance related to troubled debt restructurings (TDRs)
  • TAKE-AWAY TOOLKIT
    • Important links to NCUA’s Credit Union Online website, including updated Call Report forms, instructions, and recent changes
    • Employee training log
    • NEW – Interactive quiz

WHO SHOULD ATTEND?

This informative session is designed for individuals involved in the Call Report data collection, preparation, and review processes, with a focus on accounting, finance, and lending/collections.

SPEAKER:  Stephen J.M. Schiltz, CliftonLarsonAllen LLP

Steve Schiltz is principal with CliftonLarsonAllen’s Tucson office. He began his career with CliftonLarsonAllen in 2002 and has extensive experience providing assurance services to credit unions and credit union service organizations. Steve has made presentations to credit union management teams, supervisory committees, and boards of directors, as well as national speaking engagements and webinars.

A licensed CPA in Arizona and Texas, Steve is a member of the AICPA, Arizona Society of CPAs, and the Beta Gamma Sigma Honor Society. He received his bachelor’s in accounting, cum laude, from the University of Arizona in Tucson.