Media Contact:
Ann Dee Allen, PR Manager
(414) 721-7513
AnnDee.Allen@cliftoncpa.com
MILWAUKEE, Wis. (November 18, 2011) - "Accounting Update for Financial Institutions" is the title of a free webcast to be presented by Clifton Gunderson for financial and accounting professionals at banks and credit unions. The webcast offers an overview of current and prospective accounting and financial reporting developments and their impact on financial institutions.
The webcast will cover:
- Updated guidance for troubled debt restructurings (TDR)
- New disclosures related to credit quality TDRs
- Developments in lease accounting and fair value measurement.
The complimentary webcast will be held Thursday, December 15, 2011 from 1:00-2:00 p.m. Central time (12:00 p.m. Mountain; 2:00 p.m. Eastern). Registration is required at www.cliftoncpa.com. For questions about the webcast, please contact Kathy Kiedrowski at (608) 662-8679 or Kathy.Kiedrowski@cliftoncpa.com. 1.0 CPE credit is available. Visit the website for more details.
Participants who attend this webcast will:
- Gain insight into how to properly implement the enhanced TDR guidance
- Understand and draft the new credit quality disclosures
- Recognize and monitor new accounting guidance which impacts the financial institutions industry.
About our presenters:
Matthew Birkelien, CPA
Birkelien has more than 15 years of auditing and accounting experience primarily focused on financial statement audits and co-sourced and out-sourced internal audits with an emphasis on financial institutions and local governmental entities. He is the Mid-Atlantic Financial Institution Team Leader for Clifton Gunderson.
Todd Sprang, CPA
Sprang has more than 18 years of accounting, auditing and consulting experience primarily focused on financial statement audits and internal control engagements for real estate organizations, financial institutions and professional services firms. He is the Partner in Charge of Financial Institutions for Clifton Gunderson.
About Clifton Gunderson
Clifton Gunderson, ranked as one of the nation's largest certified public accounting and consulting firms and the largest U.S. member firm of HLB International, provides a wide range of assurance, tax and consulting services to clients in a variety of industries. Founded in 1960, Clifton Gunderson has a staff of more than 1,800 professionals serving clients from 47 offices across the country. Clifton Gunderson, and the separate and independent member firms of HLB International, provides personal and high quality service to clients in over 100 countries through the HLB International "Global Care" approach. For more information about Clifton Gunderson, visit www.cliftoncpa.com.