Comply with the NCUA Troubled Debt Restructuring Rule

Live Webcast: Wednesday, August 22, 2012 • 2:00 p.m. - 3:30 p.m. EDT

Early Bird Deadline:  August 15, 2012

On-Demand webcast expiration date:  August 22, 2013   

Open to all credit unions, regardless of membership or charter type!

Since NCUA approved the new troubled debt restructuring (TDR) rule in late May 2012, TDRs continue to be a confusing topic resulting in a great deal of uncertainty. Troubled debt restructuring loans have very specific accounting and reporting requirements and under the new rules, credit unions will be allowed to modify TDR loans without having to immediately classify those loans as delinquent.

Attend this session and receive first hand guidance by credit union audit and accounting issues expert Greg Schwartz on how to develop your credit union’s new written loan workout policies required by the NCUA by October 1, 2012. Participants will also walk away with:

• An overview of NCUA’s rule on TDR’s
• How to properly identify a TDR loan
• The benefits and use of a simple decision tree to follow in your TDR analysis
• How a TDR policy can actually reduce the amount of TDR loans
• How to consider materiality in the analysis. 

During this webcast, participants will be able to ask their specific TDR questions directly to Schwartz. Encourage as many coworkers and staff to join the webcast as you like.

Gregory Schwartz, CPA, CMA
Partner
CliftonLarsonAllen LLP

Greg Schwartz, CPA, CMA, is a partner in the Financial Institution Credit Union Group of CliftonLarsonAllen LLP. He has been auditing credit unions for 25 years and his areas of expertise include audit and supervisory committee agreed-upon procedure engagements, GAAP and GAAS issues related to credit unions, supervisory committee issues and review and evaluation of internal audit functions.

As an expert on credit union audit and accounting issues, Schwartz has worked with hundreds of credit unions all over the country and had made numerous presentations to credit union boards, supervisory committees and management on a variety of accounting and credit union issues.  

Credit union staff that will benefit from this webcast include:

• CEOs and Presidents
• Accounting and Finance Officers
• Auditors
• Controllers
• Board Member/Chairs and Volunteers
• Lending and Loan Officers and Mortgage and Real Estate Officers
• Managers
  

NAFCU's webcasts include live streaming video and audio of the presenters along with presentation slides and downloadable handouts.  You can easily submit your questions to the presenters at any time and there is no dialing in over the phone!  The audio and video stream directly through your computer

Registration Fees

On-Demand webcasts are available for up to 12 months after the live broadcast and are included in the registration fee.

Broadcast live from NAFCU's Headquarters in Arlington, VA.