The NCUA recently communicated that "late filings of quarterly Call Report and Profile data have become a serious problem,” so much so that they will begin assessing civil money penalties for late or inaccurate submissions. The Call Report contains quarterly-updated financial information for each credit union and is continually evolving. This required report includes financial and general information used by regulators, auditors, credit union management, supervisory/audit committees, staff, and others to ascertain the financial health and stability of a credit union.
Recent changes to the call reporting process and challenges you may experience will be covered. This program will increase your understanding of the process, accurately update critical information, assist in avoiding common – yet costly – mistakes, recognize trends and thoroughly update the report.
- Critical areas to review for completeness and precision
- Enhance accuracy of the data entered in your call report
- Correct separation of duties to improve accuracy
- Maintenance of supporting documentation to assist outside parties
- New requirements, trends, and proposed regulations
- TAKE-AWAY TOOLKIT
- Important website links to NCUA’s Credit Union Online website, including updated call report forms, instructions, and recent changes
- Employee training log
- Quiz you can administer to measure staff learning and a separate answer key
Attendance verification for CE credits provided upon request.
Who Should Attend?
This informative session is designed for credit union management, internal auditors, supervisory/audit committee members and anyone involved in the call reporting process.
ABOUT THE PRESENTER – Stephen Schiltz, CliftonLarsonAllen LLP
Steve Schiltz is an assurance senior manager with CliftonLarsonAllen’s Phoenix office. He began his career with CliftonLarsonAllen in 2002 and has extensive experience providing assurance services to credit unions and credit union service organizations. Steve has made presentations to credit union management teams, supervisory committees, and boards of directors, as well as national speaking engagements and webinars.
A licensed CPA in Arizona and Texas, Steve is a member of the AICPA, Arizona Society of CPA’s, the Risk Management Association – Arizona Chapter and the Beta Gamma Sigma Honor Society. He received his bachelor’s in accounting, cum laude, from the University of Arizona in Tucson.
Lending Council members receive 10% discount.
|Over $75 million
|$25 - $75 million
|Under $25 million
Scholarships are available for all KCUA education events. Scholarships pay 100% of registration fee for credit unions under $25M, 50% for credit unions between $25-$75M and 25% for credit unions over $75M.
Upon registration, you will receive an email confirmation that you can print for your records.