Banking Financial Services and Insurance
How to Analyze the Income Statement
Many people may have financial statements in front of them but they do not know what they should be looking for. The Financial Statements can be seen as a Maze as there is so much information and people do not know where to start looking first. This live webinar will show people where they can find the income statement information they need and then depending on their needs (Are they looking to invest in th..
IFRS Converting Your Cash Flow Statement
One step in switching over to IFRS is to convert your cash flow statement. In this presentation, we will work through the entire cash flow statement. We will review in detail exactly what changes will need to be made to comply with these rules. This session will enable you to successfully convert your cash flow statement.Areas Covered How net income will changeNon-cash items that affect t..
Impact Of Federal Reserve Policy: Now And Ahead
In today’s fast-changing world financial environment plays a crucial role in influencing economic growth, investments, employment, external trade, inflation, interest rates, credit demand and supply, exchange rates, purchasing power, consumer spending, Government Budget, and also your wealth, investment, financial planning, and economic wellbeing. It is, therefore, imperative to understand how the policy of..
Improve Your IRS Compliance: Use Best Practices for TIN Solicitation
This IRS regulatory compliance training will explain the Best TIN Solicitation Best Practices. While TIN solicitation might sound too lascivious for the legitimate business world, it is critical that every organization take this task seriously. For if they don't, a very uncomfortable and costly audit with the IRS is likely to ensue.Areas CoveredIdentify all required TIN information you need to collectDesign..
Increasing Criminal Risks of Intermediaries for Cross-Border Financial Crimes
In the last couple of decades, the world has experienced growing prosecutions of intermediaries for cross-border financial crimes. A U.S. bank was convicted by a Spanish court for moving money in the Pinochet criminal investigation instead of freezing it. The U.S. and State of New York have brought criminal cases against banks for a variety of financial crimes, especially economic sanctions. The U.S. DOJ ha..
Keys to Implementing The CECL Accounting Standard
In this webinar, will discuss the following topics:Overview of the CECL calculation under three widely recognized methods: o Vintage o The probability of Default / Severity of Loss o Migration AnalysisHow will the accounting change for classified loans considered impaired under FAS #114 or for troubled debt restructured loans?What data is needed to implement CECL? How is this data gat..
Making An Ethics Policy
The increased focus on ethics for businesses and organizations of all types, even including government, is not only a socially commendable development but importantly has legal implications for liability for potential claims against them, their directors, officers, and managers. Having an Ethics Policy is thus not only socially responsible but internally wise.WHY?The law views ethics and agency as the twin ..
Managing Consumer ACH Federal Tax Refunds: Exceptions, Posting, & FI Responsibilities
Each year, Federal tax refund time presents a nightmare of situations for institutions. From money mules to identity theft, nasty divorce situations to non-post items, institutions sometimes find themselves in high-risk situations with no clear guidance on how to proceed. Institutions need to be prepared for the onslaught of situations the tax refund season presents. Regardless of the scenario, there are so..
Money Laundering: How it Works
We have all heard of money laundering but did you ever wonder how it works? This course is designed to review the issue of money laundering. Examples of actual money laundering cases will be provided so participants can understand how these frauds are being committed and how they were uncovered. We will review various methodologies for detecting money laundering schemes and will discuss developing internal ..
Must Know Tax Issues for Tax Exempt Organizations
This webinar will be the best guide to issue spotting potential problems a non-for-profit may come across and how to appropriately handle them. The IRS allows certain organizations to not pay taxes as long as they meet strict guidelines. Violating these guidelines can have strict and harsh ramifications for the non-for-profit and the people in charge of the organization.This webinar will help to first prope..
Nacha: ACH Rules And Enforcement
During this webinar, we will discuss the Nacha operating rules and how they 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. Nacha operating rules describe and outline the path to follow.Areas CoveredOverview and backgroundNacha Op..
Navigating The US Customs Regulations - Title 19 Code of Federal Regulations
Having a solid understanding of applicable regulations is not only legally required, but it can also offer your company tactical and strategic advantages. Preventing fines, penalties, and potential loss of import privileges will keep your business running smoothly, efficiently, and at the lowest cost of operation. Knowing, understanding, and applying the subtle areas of trade compliance and global trade man..
Non-Agency Securitization Techniques and Structures
While the issuance of mortgage-backed securities virtually stopped in the wake of the financial crisis, it has recently begun to grow rapidly due largely to the popularity of Non-Qualified (non-QM) loans. Since these loans are not eligible for securitization by Ginnie Mae, Fannie Mae, or Freddie Mac, they are issued as non-agency or “private-label” transactions. However, these transactions do not receive an..
Preparing a Financial Industry Compliance Manual and Code of Ethics and the Overall Annual Compliance Review
Building or Strengthening your firm’s Compliance Program? Attend our virtual seminar on the best practices for preparing the manual, code of ethics and conducting the required annual review. You will receive tools to help build or strengthening your compliance program. The Compliance program shall be designed to prevent, detect, and correct violations of the Advisers Act. The overall compliance program must..
Preparing for a (US and other) Customs Audit
US Customs law dates back to 1879 and was far less burdensome, legally, on the US importer until 1993. Under current law, the US Customs Modernization Act, the US Importer is now mainly responsible for adherence to all US Customs laws and regulations. While Customs calls it a “shared responsibility”, the burden is on the importer to “exercise reasonable care”. In this session, we’ll discuss the basics of a ..