Troubled Debt Restructuring: What Qualifies & Accounting for TDRs as Credit Improves

On-Demand Webinar:
StreamedSep 14, 2022Duration90 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

The temporary pandemic provisions impacted TDR accounting.

Now that those provisions have expired, loan delinquencies and charge-offs may increase.  Will borrowers be asking for loan modifications to get through this next economic cycle?  What if their credit is improving?  How does CECL come into play?  Learn more about accounting for TDRs in this changing environment.

AFTER THIS WEBINAR YOU’LL BE ABLE TO:
  • Understand what qualifies as a troubled debt restructuring (TDR)
  • Identify what may draw examiner attention
  • Properly account for and report TDRs – currently and under CECL
  • Explain how COVID-19 loan modifications may or may not turn into TDRs
  • Implement ideas to identify and track TDRs

WEBINAR DETAILS

As we come out of the current economic and pandemic environment the expectation is that loan delinquencies and charge-offs may be on the rise. With this, will you have members asking for loan modifications to get through this next economic cycle?  Furthermore, under CECL, TDRs will not go away, so you’ll need to account for these under current and CECL accounting standards.  This session will focus on:

  • Learning and understanding what qualifies as a TDR
  • Determining what new loan modifications may qualify as a TDR, especially for those members whose credit may be improving as they come out from COVID-19 loan modifications
  • Tracking, identifying, reporting, and accounting for TDRs under current and CECL accounting standards
  • Providing TDR examples and best practices

WHO SHOULD ATTEND?

This informative session is designed for accounting, lending, collection, and risk management personnel.

TAKE-AWAY TOOLKIT

  • Sample TDR evaluation checklist
  • 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.

TESTIMONIALS

"I had specific questions concerning CECL and he was the first person that seemed to be able to answer them specifically."
- Brian, Fergus Federal Credit Union

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