As more and more financial institutions are forced to amend troubled loans in an effort to recoup as much principal as possible, what was once an occasionally used tool is now a commonplace function of business. Due to the increased use of troubled debt restructuring (TDR), examiners are now looking more closely at how financial institutions are accounting for TDR in exams. Learn how to identify, account and report for TDRs in this essential 75-minute webinar.

Originally presented at The Finance & Accounting Forum, this highly-rated session is now being offered online for anyone who wasn’t able to attend the conference in person. Register today to experience one of the very best sessions of The Forum and to gain the knowledge you need in order to avoid examiner scrutiny when it comes to troubled debt. As a participant, you’ll examine the relevant guidance and risks associated with TDRs as well as learn how to identify and account for TDRs in today’s environment. This session will also take a look at the FASB statements that relate to TDR and discuss the latest industry standards and best practices involving troubled debt restructurings.

• Understand what constitutes a troubled debt restructuring
• Gain the knowledge needed to ensure your institutions is accounting for TDR appropriately
• Discuss current industry best practices in TDR

• Overview of troubled debt restructurings
• Tracking TDR
• Learn what a TDR encompasses
• Defining and evaluating modifications for TDR
• Review of FAS15 and FAS114 in relation to TDR
• Accounting standards for TDR
• Reporting requirements for TDR

FMS is registered with the National Association of State Boards of Accountancy as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses. Complaints regarding sponsors may be addressed to: The National Registry of CPE Sponsors, 150 Fourth Avenue, North, Suite 700, Nashville, TN 37219-2417 Web: www.nasba.org.

• Level: Basic
• Prerequisites: None
• Advance preparation: None
• Instructional Method: Live-Group
• Length: 75 Minutes
• CPE Info: 1.5 Credits in the Field of Accounting

For more information regarding administrative policies such as complaints or refunds, call 800-ASK-4FMS (800-275-4367).

Anyone from a community financial institution seeking to improve their understanding of accounting for troubled debt restructuring would benefit from this webinar, including:

• CEOs
• CFOs
• Controllers
• Accountants
• Financial Analysts

Jyothi serves as a Financial Institutions Director for RSM McGladrey’s Accounting and Auditing Department as well as thier Financial Institutions Risk Management Group for the Philadelphia area. She has over 20 years of experience in the financial services industry and is a firm-designated Financial Institutions Specialist as well as Internal Control Specialist. She is a frequent industry speaker on risk management topics and has presented to client Board of Directors and Audit Committees.

Can't make the date? Order a CD-ROM or On-Demand access to the recorded webinar. Note: CPE credit cannot be earned by viewing the recorded webinar.