During this webinar, we will go over the fundamentals
of CIP, CDD, EDD, CTR, and also, current Issues that impact your
day-to-day. Due to the ever-changing regulatory landscape for financial
institutions, rules & regulations regarding financial crimes are
increasing. It’s important to understand the red flags associated with
reporting, customer interaction, and on the IT side, but also the
Participants will learn how to diagnose their own credit policies to identify any gaps, and if so, how to write practical and understandable policies that meet regulatory expectations for content. They will be able to implement and maintain the processes and procedures needed to ensure that their policies are kept current and accurate, are monitored for compliance with them by means of tracking exceptions t..
Your company just received a large order from a brand-new customer, and they are anxious to get it shipped. However, as you try to pull a credit report you are not able to find anything of substance on this potential new customer, what do you do? This webinar will give you tools that you can use to help find out more about this potential new account, how to work with your sales team to get them educated abo..
During this webinar, we will review a definition of an unfair act or practice, and unfair and deceptive credit under UDAAP,
and unfair debt collection under the Fair Debt Collection Practices Act.
Due to the ever-changing regulatory landscape for financial institutions, rules & regulations that address UDAAP are important to understand. Discrimination is becoming a topic that learners need to unders..
How can a company reduce the number of delinquent accounts that they have each month? This webinar will give you proven strategies on what you can do to reduce having the same old slow-paying customers and how to incentivize them to pay on them. It will give you ways to protect your receivables and discuss the Pros and cons of each method. No one method works for every business so you will have choices to m..
We will share best practices for closing the books, performing period-end analysis, and producing financial reports within 2 days of the month-end. We will discuss the key reasons for closing and reporting delays and how to overcome these obstacles to improve your closing process and timeline. Every business needs timely reporting at month-end, quarter-end, and year-end. Publicly traded companies have prosc..
During this webinar, we will review recent changes to
the ACH rules and also discuss upcoming changes that might impact your
organization or specifically, your role. Due to the ever-changing
regulatory landscape for financial institutions, rules & regulations
keep changing or new ones are added, that address back-office
functionality. ACH is one where regulators are trying to keep up with
This webinar will cover the affirmative action compliance obligations that impact banks, including compliance obligations under Executive Order 11246 (affirmative action for women and minorities), Section 503 of the Rehabilitation Act of 1973 (affirmative action for individuals with disabilities), VEVRAA (affirmative action for protected veterans), and Executive Order 13672 (prohibiting discrimination on th..
In light of recent legislation changing the Internal Revenue Code, many accountants are realizing they are not quite "up to speed" on the accounting for income taxes, particularly the handling of deferred tax assets and deferred tax liabilities. This webinar addresses most issues specifically covered in FASB Statement No. 109 (ASC 740.10) dealing with current and deferred income taxes. It puts the foc..
This 90-minute session will focus on how when debits are added, and the impact this may have on ACH Processing – for the RDFI and the Receiver. Authorization language – the impact it has on Same Day Debits. On the Receiver side, If I authorize a payment today, or use the ACH card today, legacy ACH would debit my account tomorrow (at the earliest), as debits are next day. Things are different now – wit..
You will learn all about how to start the analysis process, how the FASB and SEC operate together and where you can find audited financial statements, and how to retrieve them. We will cover auditor’s opinions and what they mean. We will discuss the objectives of analysis management, learn tools and techniques such as common sizing financial statements and trend analysis. We will cover the five categories o..
Asset-based lending (often referred to as “ABL”) is a form of commercial lending designed to finance safely the working capital needs of a borrower whose cash flow may not support debt repayment. Like other commercial loans, cash flow is the primary repayment source for an asset-based loan but with a stronger reliance on the company's assets as collateral and firmer control over the receipts of the collater..
This webinar focuses on fraud in the corporate environment. It reiterates some of the authoritative CPA literature related to fraud. It is, however, equally important to non-CPAs (e.g. internal auditors, corporate departmental managers, senior management, board members). It provides a basic understanding of fraud related definitions and requirements. In particular, it separates the fraud discussion between:..
Employee background checks are an inescapable reality for financial institutions. And while developing and administering an appropriate background check program has always presented tricky compliance issues for banks and credit unions, regulatory and legal developments in this area have made compliance both more challenging and more important.Financial institutions face greater potential challenges and pitf..
This webinar examines the scope and nature of employee dishonesty and explains the risks to employers and organizations of all types. It goes on to deal with the practical aspects of prevention and response to victimization, as well as balancing the need to assure that corrective and deterrent programs and policies do not unduly interfere with normal operations and opportunities and do not generate other ma..