CUNA CU Finance for Non-Financial Managers & Volunteers School
Topics & Objectives

Please note that the Topics/Objectives listed below are subject to change.

The Financial Statement Game: Starting With the Basics

• Review accounting 101 in one hour or less
• Understand what makes up financial statements and how to make sense of the balance sheet and income statement
• Learn why capital is important
• Explore the basics of including allowance for loan losses primer and earning versus non-earning assets

Financial Statement Analysis

• Connect the relationships between the elements of financial statements
• Learn the cruelties of "accrual" accounting
• Analyze credit union profits and understand a spread analysis
• Appreciate the importance of fees and other noninterest income for profit
• Start basic financial analysis of your credit union

The Financial Statement Game: Getting a Bit More Sophisticated

• Comprehend and calculate the important ratios
• Make use of ratio analysis, trend analysis, and peer group analysis
• Identify how much capital is enough and why it’s critical in all phases of planning, operations, and governance
• Understand the relationship between CAMEL ratings and your credit union’s financial health

Rates, Risk & Return

• Understand the impacts of interest rate changes on cash flow and financial management
• Investigate several methods of setting rates, reporting, and calculating
• Understand the relationship between interest rates and risk

Asset-Liability Management (ALM)

• Comprehend ALM, the closest thing to rocket science in the credit union business
• Discover a healthy ALM process and who should be included
• Incorporate ratio analysis, trend analysis, market analysis, and economic analysis into the ALM process
• Get a feel for NEV, shock tests, and yield curve
• Look at various ALM scenarios and judge the health of your credit union

For more program content information or to request a brochure call 800-356-9655, ext. 4249, or email elearning@cuna.coop. For registration questions, call 800-356-9655, ext.4400 or e-mail reginfo@cuna.coop.