This webinar will address troubled debt restructuring (TDR) accounting, including regulatory guidance that offers instructions that allow moving TDRs from the impaired loan portion of the allowance for loan and lease losses (ALLL) to the general reserve. It will also cover the potential changes in impairment calculations for TDRs over the life of the loans.
- Accounting for TDR progression from initial designation through removal from TDR listing
- Proper methods for measuring TDR impairment
- Financial statement disclosures related to TDRs
- Policy and procedure modifications to remove TDR designation
- Example TDR checklist
- Sample policy modification language
- Employee training log
- Quiz to measure staff learning and a separate answer key
WHO SHOULD ATTEND?
This informative session is best suited for executive management, accounting staff, and lending personnel who deal with TDR designation, monitoring, and financial reporting.
Originally recorded on May 1, 2019.
Recorded webinar is available until December 31, 2019.
Free Digital Copy included with purchase to download and view beyond link expiration date.
Price includes sales tax.
ABOUT THE PRESENTER – Todd A. Sprang, CPA, CliftonLarsonAllen LLP
Todd Sprang is one of CliftonLarsonAllen’s leading financial institution service providers. He has over eleven years of upper management and principal-level experience performing audit and consulting services for the financial services industry. Todd has extensive experience assisting with initial FDICIA and SOX compliance and satisfaction of audit and compliance requirements of non-supervised and supervised mortgagees. He has performed many non-audit engagements, including providing merger and acquisition assistance, developing and performing risk assessments, and leading co-sourced and outsourced risk-based internal audit engagements.
Todd holds a Bachelor’s in accounting and marketing from the University of Wisconsin – Madison. He is a member of the AICPA Depository Institutions Expert Panel and the Illinois Certified Public Accountants Society.