Financial Literacy Part 2: How to Interpret Key Ratios, Risks & Reporting

Auditing & Accounting Directors Senior Management

On-Demand Webinar:

StreamedAug 10, 2023Duration90 minutes

Unlimited & shareable access starting two business days after live stream
Available on desktop, mobile & tablet devices 24/7
Take-away toolkit
Ability to download webinar video
Presenter's contact info for questions

See Registration Options

In this session, attendees will gain exposure, learn about, and understand their credit union’s financial statements, critical ratios, and trends so they can effectively perform their responsibilities.

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

Learn and understand key financial literacy components of your credit union’s financial condition
Understand your credit union’s financial statements and how risks are identified
Identify key financial statement ratios and trends
Discuss key accounting principles

WEBINAR DETAILS

Everything a credit union does to serve its members involves some kind of risk, whether it be collecting loans, investing excess funds, providing electronic services to members, etc. This program will explain how these risks can be identified. Understanding your credit union’s financial statements, key financial ratios, and trends is essential and required for officials in performing their fiduciary role. Part 2 of this two-part series will cover a sample financial statement and explain how to translate these numbers into key financial ratios and trends to understand the financial performance of your credit union. In addition, this webinar will cover some key accounting principles for proper financial statement reporting.

WHO SHOULD ATTEND?

This informative session is designed for directors, supervisory and audit committee members, new credit union employees, rising stars at your credit union, and accounting department personnel.

TAKE-AWAY TOOLKIT

Website links to provide additional guidance
Sample financial statement
Sample critical key ratios
Cheat sheet – 7 Credit Union Risk Categories
Employee training log
Interactive quiz
PDF of slides and speaker’s contact info for follow-up questions
Attendance certificate provided to self-report CE credits

NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your institution is prohibited. Print materials may be copied for eligible participants only.