Developing and maintaining an Allowance for Loan and Lease Losses (ALLL) model requires a significant amount of time and energy to meet the ever-changing accounting and regulatory landscape. For most credit unions, the ALLL calculation is the single largest management estimate. This estimate is critical to monitor overall balance sheet strength. Noncompliance can cause significant accounting and regulatory headaches if the ALLL model is not properly designed to meet today’s complex requirements. This webinar is designed to share current ALLL model trends and techniques based on experiences gained through observations of ALLL models for credit unions of all sizes.
Quick review of the three key components of a well-structured ALLL
Understanding and documenting environmental factors
Internal-control considerations and best practices for the ALLL
Regulatory and accounting hot topics regarding ALLL and troubled-debt restructurings
ALLL trends for credit unions – where have we been and where are we going?
WHO SHOULD ATTEND?
This informative session is best suited for CEOs, CFOs, internal auditors, and senior lending personnel.
ABOUT THE PRESENTER – Jason Howard, CPA, Wipfli LLP
A CPA and AICPA National Banking School graduate, Jason Howard has worked with community-based financial institutions for over ten years With a focus on financial statement audits, ALLL consultation, merger and acquisition accounting assistance, internal audit, and loan review, Jason provides client services and solutions to meet the changing regulatory and accounting environments.
As a member of Wipfli’s Technical Issues Committee, Jason continuously monitors industry changes and has presented at numerous industry events covering industry hot topics such as current trends and techniques for developing and maintaining an ALLL reserve; proper accounting for other real estate owned; troubled debt restructurings; and accounting considerations related to merger and acquisition activities.
PLEASE NOTE: Your registration fee allows you to have one telephone connection. However, as many people as you like may listen from your office speaker phone. If you register for the webinar, your registration fee also includes one internet connection from a single computer terminal.
THREE REGISTRATION OPTIONS
1. LIVE WEBINAR
The LIVE WEBINAR option allows you to have one telephone connection for the audio portion and one Internet connection (from a single computer terminal) to view online visuals as the presentation is delivered. You may have as many people as you like listen from your office speaker phone. Registrants receive a toll-free number and pass code that will allow entrance to the seminar. The session will be approximately 90 minutes, including question and answer sessions. Seminar materials, including instructions, pin number, and handouts will be emailed to you prior to the broadcast. You will need the most current version of Adobe Reader available free at www.adobe.com.
2. ON-DEMAND WEB LINK** AND FREE CD ROM*
Can't attend the live webinar? The ON-DEMAND WEB LINK** is a recording of the live event including audio, visuals, and handouts. We even provide the presenter's email address so you may ask follow-up questions. Approximately 1 week prior to the webinar, you will receive an email with the web link. This web link can be viewed anytime 24/7, beginning 6 business days AFTER the webinar and will expire 6 months after the live program date. But there's more . . . AS AN ADDED BONUS, you will also receive a FREE audio/visual CD ROM.* The CD ROM includes the original audio/visual presentation, the question and answer sessions, and the handouts. Use the on-demand link or this "off-the-shelf" training program for those that could not attend the live seminar and for future training.
3. BOTH LIVE WEBINAR AND ON-DEMAND WEB LINK** (INCLUDES FREE CD-ROM*) Includes options 1 and 2 above
*CD Rom for PC use only
**All materials are subject to copyright and intended for your credit union's use only.
NEW! Listen on your iPad, iPhone, or Android. Instructions will be emailed to you with the on-demand link.
$199.00 Webinar per connection
$199.00 Archived On-Demand Web Link & Free CD ROM
$249.00 Both Live Webinar & Archived On-Demand Web Link & Free CD ROM
TIME: 3:00 p.m. - 4:30 p.m.
To register and pay by check, email firstname.lastname@example.org and your credit union will be invoiced. To register and pay online, click here.