Through this webinar you will:

• Explore Accounting 101
• Discover the five basic building blocks of accounting, how they are recorded and reported
• Learn the basic concepts that form Generally Accepted Accounting Principles (GAAP)
• Review the basics of credit union profitability: where revenue comes from, what the major expense is, calculating the Net Interest Margin (NIM) and why NIM is no longer adequate to sustain credit union profitability
• Discover what makes up credit union "financial statements" and why we need to be able to make sense of the balance sheet and income statement

Through this webinar you will:

• Identify the source of capital and understand why capital matters, measure capital, and understand how to increase capital and the capital-to-assets ratio
• Consider how prompt corrective action regulations affect the amount of capital we retain and the repercussions of letting capital drop below the level called "adequately capitalized"
• Explore the cruelties of "accrual" accounting, why it matters, and how it affects your credit union
• Make sense of the most recent interpretation of the allowance for loan and lease losses, how to calculate it, and how it effects your balance sheet and income statement
• Connect the relationships between elements of the financial statements
• Clarify the critical reasons for analyzing the financial statements
• See the financial statements from the perspective of different users

Through this webinar you will:

• Comprehend and calculate the important ratios of the five ratio groups: liquidity, earnings, spread, capital, asset quality, and growth
• Analyze two credit unions going in radically different directions - learn to identify trends sooner and make critical decisions regarding the future of the credit union
• Make use of ratio analysis, trend analysis, and peer group analysis using classroom examples and your own credit union financial statements
• Learn how to access competitors' financial statements over the Internet and realize the important relationships between Camel's and your credit union's financial health

Through this webinar you will:

• Discover what effect interest rate changes might have on cash flow and financial management
• Learn important first steps to understanding the relationship between interest rates and risk, and setting appropriate prices to mitigate risk
• Investigate several methods of setting, reporting, and calculating rates
• Look at the marketplace in order to determine what the range of competitively acceptable rates is
• Discover how to make sure your member shares the risks with you

Through this webinar you will:

• Identify and quantify the risks on the balance sheet
• Learn how to assess priorities among conflicting financial objectives such as capital, earnings, growth, and service
• Use tools to measure the volatility of income and expenses flowing from the balance sheet
• Learn how to write an ALM policy