Call Report Impacts and a Look at 2021
Call Report changes that took place during 2020 were not insignificant. The impact of COVID-19 resulted in new reporting requirements related to the CARES Act and the regulatory agencies’ interim and final Rules. In addition, new accounting standards have impacted the complexity of the schedules within the Call Report, whether a reporting bank files the FFIEC 041 or 051 report.
This 90-minute webinar will recap the most significant changes that impacted the 2020 Call Report, whether from the impact of COVID-19, the implementation of new accounting standards, or other regulatory reporting changes. Common questions and reporting uncertainties that have surfaced over the course of the past two quarters will be incorporated into the presentation.
In addition, as new guidelines emerge for 2021 reporting, the webinar will provide the current information as may be available to assist participants plan and be prepared for March 31, 2021.
Participants will receive a copy of the presentation and a supplement handout that describes the areas impacted by the CARES Act, the regulatory final rules, and accounting standards updates impacting 2020 and 2021.