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As part of the League’s partnership with the Credit Union Webinar Network (CUWN), Maine credit unions can access more than 200 live and on-demand webinars, covering a variety of important topics to fuel your success. Kicking off later this month, the CUWN will be offering a four-part series focusing on the complexities of Call Reports. You can purchase these webinars individually or buy the entire series and save ten percent! As part of this series, you will receive the latest updates, including the impact of recent accounting standards changes (i.e., CECL), as well as detailed guidance on lending Schedule A and financial statement Schedules B through E.
About the Call Report Series
2025 Call Report Update & Avoiding Costly Mistakes | January 14
The Call Report is constantly changing and it’s important that you stay up to speed, whether you are new to the process or a veteran. Many of the recent changes relate to the adoption of new accounting standards, including the Current Expected Credit Losses (CECL). Examiners are consistently reporting Call Report errors as findings, regardless of materiality. This program will explore recent changes, CECL’s impact, and how to avoid common – yet costly – mistakes.
Call Report Fundamentals for New Preparers & Reviewers | April 15
The Call Report includes financial and general information used by regulators, auditors, credit union management, supervisory/audit committees, staff, and others to evaluate a credit union’s financial health, stability, and performance. This session will provide an overview of the Call Report process, including internal controls and critical areas of focus.
Call Report Schedule A (Lending): Complexity Clarified | July 15
Schedule A covers everything lending, from loans by category to commercial lending. Many consider Schedule A to be the most complex and confusing part of the entire Call Report. This webinar will decipher and clarify the instructions related to Schedule A and provide context and examples for commercial loans, loans sold, and troubled loan modifications (TLMs). Increase your Call Report acumen and confidently complete Schedule A in a timely, accurate fashion.
Call Report Financial Statements B-E | October 16
Preparing financial statements for the Call Report is just like preparing your own internal financial statements, right? Think again! There are subtle differences that may go unnoticed. This session will provide tips, tricks, and relevant examples to assist in preparing the quarterly Call Reports. It will address how to prepare the statement of financial condition, statement of income and expense, and Schedules B through E.
Visit the CUWN’s website to register.