> CFO Roundtable: Allowance for Loan Losses

Tuesday, November 19, 2013
10:00 AM Eastern Daylight Time
12:30 PM

 

This roundtable session is designed for CFO and/or account professionals and will review the FASB model for accounting for credit losses on debt instruments. The new rule calls for an entity to recognize an allowance for credit losses based on its current estimate of contractual cash flows not expected to be collected.

Come join your peers to for education and networking. As an attendee of the first group of this roundtable session, you will have the opportunity to steer future topics.

Facilitator/Speakers: Brent Hamilton, Fontanella & Babitts

Brent Hamilton is a partner at Fontanella and Babitts, CPA’s. Brent has over 20 years of experience in the accounting and financial institution industry. He specializes in providing auditing and consulting services to credit unions. He began his career as an examiner with the National Credit Union Administration where he was an examiner in the northern New Jersey group. He then joined Fontanella and Babitts in 1995 as a staff auditor. He briefly left the firm in 1998 to establish his own company, Hamilton Consulting, which provided consulting services to Credit Unions. In 1999, he rejoined the firm of Fontanella and Babitts as a partner.

Brent is a certified public accountant in New Jersey and New York and he is a member of the American Institute of Certified Public Accountants. He received a Bachelor of Science degree from Wesley College and a Master of Business Administration degree from Montclair State University.

Locations: NJ Credit Union League "live" and via Video Conferencing at Atlantic FCU and Members 1st of NJ FCU.

NJCUL                                Atlantic FCU                    Members 1st of NJ FCU
299 Ward Street                 37 Market Street               37 West Landis Avenue
Hightstown, NJ 08520       Kenilworth, NJ 07033     Vineland, NJ 08360

Time: 10:00 a.m. – 12:30 p.m.

Cost: $25, includes lunch

To register and pay by check, send an email to Mary Zelinsky at mzelinsky@njcul.org and your credit union will be invoiced. To register and pay online, click here.