Webinar: Auditing Call Reports: Compliance & Best Practices
October 8, 2024 3:00 pm - 4:30 pm
With heightened examiner focus on call reporting and with credit union resources strained to the limit, this session will help Call Report preparers and reviewers focus on efficiency, accuracy, and proper documentation when auditing their quarterly Call Reports.
Best practices for the audit and review process will be discussed, along with regulatory expectations for the call reporting process. Join us to ensure you are ready for the next audit and examiner landing.
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
- Understand how Call Reports are used by examiners and auditors
- Establish effective internal controls over call reporting
- Maintain supporting documentation to assist outside parties
- Coordinate and facilitate examination and audit requests
- Focus on critical areas to review for completeness and precision
WEBINAR DETAILS
Call Reports contain a significant amount of information, but how is that information evaluated by examiners and auditors? The Call Report tells a story about the operations and complexity of the credit union and impacts the extent of the procedures performed. There are countless disclosures that also appear in a credit union’s financial statements and are validated as part of the audit process. This session will provide insights so that you are prepared for your next audit and examination.
WHO SHOULD ATTEND?
This informative session is designed for individuals involved in preparing and reviewing Call Reports, including internal auditors and audit liaisons.
TAKE-AWAY TOOLKIT
- Important links to NCUA’s Credit Union Online website, including upcoming cycle due dates, frequently asked questions, forms, and instructions
- Employee training log
- Interactive quiz
- PDF of slides and speaker’s contact info for follow-up questions
- Attendance certificate provided to self-report CE credits
Speaker: Stephen J.M. Schiltz, CLA
Steve Schiltz is principal with CLA’s Tucson office. He began his career with CLA in 2002 and has extensive experience providing assurance and consulting services to community financial institutions. Steve has made presentations to management teams, supervisory committees, and boards of directors, as well as national speaking engagements and webinars.
A licensed Certified Public Accountant (CPA) Arizona and Texas, Steve is a member of the Association of International Certified Professional Accountants (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.
Steve has produced and presented expert content for Credit Union Webinar Network since 2015 and has presented to hundreds of credit union professionals nationwide. Want more from Steve? His library of upcoming and on-demand training webinars is below.