Recorded: April 9, 2015
Length: 60 Minutes
With the ever-changing regulatory and accounting environment, it is important that call report preparers and reviewers remain up-to-date. Beginning with the March 31st call report, all community banks must implement the revised regulatory capital rules under Basel III. The call report Schedule RC-R has undergone significant changes to accommodate these new requirements. This session will include a detailed discussion of the revised Schedule RC-R with a focus on those areas most impacting community banks. Other call report revisions for 2015 will also be covered.
- An overview of the new regulatory capital standards
- Details on calculating Common Equity Tier 1 capital and the revised capital ratios
- Changes to risk weighted assets
- Other call report revisions for 2015
Who Should Attend?
The course is intended for individuals responsible for preparing or reviewing the call report as well as those interested in learning more about regulatory capital.
About the Presenter
Amanda C. Garnett, CPA is a manager in the Financial Institution Group of CliftonLarsonAllen LLP in the Peoria, Illinois office. Garnett has served in a number of roles within the Financial Institution Group providing clients with financial statement audits, internal audits, regulatory reporting assistance, tax compliance, and consulting services. Garnett is currently responsible for the overall coordination and delivery of tax services for community banks served out of CLA's downstate Illinois and Missouri offices. In addition to tax services, Garnett performs consulting services and training for financial institutions across the country on call report preparation and related topics.
1 CPE Credit
Program Level: Basic-Intermediate