Understanding the New NCUA Part 741 Loan Workout & Nonaccrual Policy & Regulatory Reporting for TDR Regulations

Date: January 3, 2013
Time:
2:00 PM- 3:30 PM CST
Registration Options:
Live Webinar- $200
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.

On Demand Web Link & CD- $200
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.

Live Webinar & On-Demand Web Link (INCLUDES FREE CD-ROM)- $250
Includes options 1 and 2 above

Special Registration Option for member credit unions under $20 million-$169
On-demand link only (does not include CD or live webinar)

About:
Federally-insured credit unions are required to implement the new rules regarding loan workouts, nonaccruals, and troubled debt restructuring (TDR) regulations that NCUA changed in 2012.  Do you need a refresher to ensure your policies and procedures are compliant?  Do you have the tools and knowledge needed to:  a) put the proper policies and procedures in place, and b) understand how to incorporate the changes into your financial reporting?  Join us to learn the critical requirements regarding the new TDR rules before your next examination.  Examples will be used to increase your understanding of the key changes.

HIGHLIGHTS
     > Definitions and requirements of TDR, including recent accounting and reporting changes
     > Requirements of NCUA 12 CFR Part 741, loan workouts and nonaccrual policy, and regulatory reporting of TDR loans, including implementation dates
     > How does this affect your credit union’s TDR reporting, accruals, and ALLL
     > Examples of situations to help interpret the new rules

Note: Attendance verification for CE credits provided upon request.

*To register for this webinar, click here.

For more information, please contact Carrie Buchholz at:
(P) 405.702.8622 ext. 215
(E) carrie@cuaok.org

Speakers

Mogensen, Bryan
Bryan Mogensen is an assurance partner at CliftonLarsonAllen LLP in Phoenix.  In 1995, he joined CliftonLarsonAllen (formerly Clifton Gunderson).  Over the past 19 years, Bryan has gained extensive experience auditing credit unions, community banks, and nonprofit organizations.  As engagement partner, he is responsible for ensuring the work is performed as expected, reviewing key areas and reports, planning, supervising audit staff, etc.

Bryan frequently shares his knowledge through national speaking engagements.  He is a licensed CPA in Arizona, California, Washington, and Wisconsin and a member of the AICPA and, ASCPA.  Bryan received his bachelor’s in business administration with emphasis on accountancy from the University of Wisconsin-Milwaukee.