Accounting Essentials for Banks

This webinar is designed to provide basic knowledge of how a Bank records its financial transactions and compiles and communicates the information in its financial statements. It will begin with identifying the uses and decision-makers of Bank accounting information, introduce generally accepted accounting principles and the accounting equation, then discuss how fundamental financial transactions are recorded, summarized and presented on its financial statements. This program will provide specific examples and hands-on exercises for attendees. We will wrap up with a discussion of how to read and understand the information presented on a Bank's financial statements.

Covered Topics

  • Accounting Information System
    • Defining Accounting and Role of Accounting in Decision Making
    • Decision Makers: The Users of Accounting Information
    • Accounting Equation
    • Generally Accepted Accounting Principles
    • Introduction of Financial Statements: Balance Sheet, Income Statement, Statement of Cash Flows
  • Recording Financial Transactions
    • Measurement Issues
    • Double-Entry System
    • Recording and Posting Transactions
    • The Trial Balance
  • Measuring Financial Income
    • Accrual Accounting
    • Adjustment and Close Process
  • The Basics of Financial Statements
    • Reading and Understanding the Financial Statements
    • Basic Techniques to Analyzing the Financial Statements

Who Should Attend?

Individuals seeking to learn the basics of bank financial accounting and reporting, including deposit operations personnel, loan officers, credit analysts, administrative assistants and all other personnel involved in using, reviewing and/or interpreting financial information. It is also excellent preparation for bankers planning to attend a formal banking school.

Connection Error #D55. For immediate assistance, please use our online chat (lower right corner of this page).
   Live Plus Five (days) - $265   
   OnDemand Recording - $295   
   CD-ROM - $345   
   Live Plus Six (months) - $365   
   Premier Package - $395   
Additional Locations
Want your branches to participate? Facilities within your organization will be able to participate without the travel costs of coming to one location.
Each additional location adds $75 to your registration and can be entered on the next screen as you confirm your order.