Auditing Call Reports: Compliance, Regulator Expectations & Best Practices

Audit & Accounting Compliance Directors Human Resources Senior Management

On-Demand Webinar

StreamedOct 8, 2024Duration90 minutes

Unlimited & shareable access starting two business days after live stream
Available on desktop, mobile & tablet devices 24/7
Take-away toolkit
Ability to download webinar video
Presenter's contact info for questions

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How is Call Report information evaluated by examiners and auditors and what are their expectations?

The Call Report tells a story about the operations and complexity of the bank. There are countless disclosures that also appear in a bank’s financial statements and are validated as part of the audit process. This session will provide insights so that you are prepared for your next audit and examination.

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

Understand how regulators use Call Report information and their expectations for a bank’s internal review process
Recognize the key Call Report areas that receive heightened regulatory focus and develop steps for auditing and reviewing these areas
Establish internal controls for the Call Report audit process and best practices for documenting the bank’s preparation and review process
Avoid common mistakes in the reporting of key Call Report items
Evaluate the latest changes to the Call Report schedules and instructions

WEBINAR DETAILS

With heightened examiner focus on call reporting and with bank resources strained to the limit, this session will help Call Report preparers and reviewers focus on efficiency, accuracy, and proper documentation when auditing their quarterly Call Reports. Best practices for the audit and review process will be discussed, along with regulatory expectations for the call reporting process.

Session highlights will include ideas for finding common errors, ensuring consistency between Call Report schedules, properly documenting the preparation and review function, and utilizing the internal audit function to verify Call Report accuracy. Additionally, this session will cover the latest changes to the Call Report schedules and instructions.

WHO SHOULD ATTEND?

This informative session is designed for new and experienced call report preparers, including CFOs, controllers, accounting personnel, and others responsible for ensuring the accuracy of quarterly Call Report submissions.

TAKE-AWAY TOOLKIT

PDF booklet that includes relevant regulatory guidance and Call Report schedules with helpful notes and supplementary information
Employee training log
Interactive quiz
PDF of slides and speaker’s contact info for follow-up questions
Attendance certificate provided to self-report CE credits

NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your institution is prohibited. Print materials may be copied for eligible participants only.

Presented By

Michael Gordon