Financial Literacy Part 2: How to Interpret Key Ratios, Risks & Reporting
StreamedAug 10, 2023Duration90 minutes
See Registration Options
- 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
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
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.
- 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.
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