Webinar: Call Report Series: 2025 Call Report Update & Avoiding Costly Mistakes
January 14, 2025 3:00 pm - 4:30 pm
It’s impossible to overstate the importance of Call Report accuracy.
Part of maintaining accuracy is staying abreast of the updates. This important webinar will take you through the most-recent changes so that you can complete the report with confidence and current knowledge. This detailed presentation will benefit new and seasoned reporters alike and help them avoid costly mistakes.
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
- Explain the most recent changes to the Call Report
- Understand the impact of the current expected credit losses (CECL)
- Evaluate the reporting of troubled loan modifications (TLMs)
- Distinguish between the different types of assets used to fund employee benefit plans
- Avoid costly mistakes and prevent audit/examination findings
WEBINAR DETAILS
The Call Report is constantly changing and it’s important that you stay up to speed, whether you are new to the process or a veteran. Many of the recent changes relate to the adoption of new accounting standards, including the Current Expected Credit Losses (CECL) model. Examiners are consistently reporting Call Report errors as findings, regardless of materiality. This program will explore recent changes, CECL’s impact, and how to avoid common – yet costly – mistakes.
WHO SHOULD ATTEND?
This informative session is designed for individuals involved in the Call Report data collection, preparation, and review process, with a focus on accounting, finance, and lending/collections.
TAKE-AWAY TOOLKIT
- Important links to NCUA’s Credit Union Online website, including updated Call Report forms, instructions, and recent changes
- 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.