Banking
Showing 577–592 of 600 results
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When the going gets tough – What an economic downturn May Mean For Your Borrowers
July / August 2008
Newsletter: Commercial Lending Report
Price: $225.00, Subscriber Price: $157.50
Word count: 957
Abstract: Amid conflicting economic indicators and wide-ranging prognostications, it’s hard to predict where the economy is headed. But a survey of CFOs reveals that optimism in the U.S. economy has reached its lowest point in six years. And 40% of CFOs predict a recession in 2008. Learn how you can prepare your customers.
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Risky business – Measuring and managing interest rate risk
Summer 2008
Newsletter: Community Banking Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 793
Abstract: Community banks are exposed to credit, market, liquidity, trading and operational risks. A key responsibility of bank directors and senior management is to understand, monitor and manage this quintet of financial dangers, including interest rate risk (a component of market risk), which can have a profound impact on a bank’s financial condition.
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BIG opportunity for S corporation sales
Summer 2008
Newsletter: Community Banking Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 787
Abstract: Banks and other financial institutions have been allowed to elect S corporation status since 1997, and thousands have taken advantage of this tax-saving opportunity. As institutions enter the second decade of their conversion to S status, a new benefit emerges: the ability to structure the sale of the business as an asset sale without triggering built-in gain (BIG) taxes.
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Fair game – How the fair value option changes the accounting playing field
Summer 2008
Newsletter: Community Banking Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 584
Abstract: As part of its march toward fair value accounting, the Financial Accounting Standards Board (FASB) recently finalized Statement of Financial Accounting Standards (SFAS) No. 159, The Fair Value Option for Financial Assets and Financial Liabilities, which applies to fiscal years starting after Nov. 15, 2007. Banks now have the option to measure certain financial instruments at fair value.
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The price of beauty – Spas, salons can be attractive lending opportunities
May / June 2008
Newsletter: Commercial Lending Report
Price: $225.00, Subscriber Price: $157.50
Word count: 530
Abstract: The beauty industry is propelled by the mainstream popularity of treatments once considered luxury services. The leisure time, medical needs and discretionary cash of retiring baby boomers further feed the industry’s growth. You can get a cut of the action by lending to salons and day spas. But be sure you understand the particular risks of these types of businesses first.
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Accounting for uncertainty
May / June 2008
Newsletter: Commercial Lending Report
Price: $225.00, Subscriber Price: $157.50
Word count: 579
Abstract: The rules of the game have changed again. Financial Accounting Standards Board Interpretation No. 48, Accounting for Uncertainty in Income Taxes (FIN 48), requires all companies that follow GAAP to identify, measure and disclose uncertain income tax positions using a “more-likely-than-not” (MLTN) threshold. Here’s what you need to know to gear up for the new standard.
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Confirmation letters provide extra assurance
May / June 2008
Newsletter: Commercial Lending Report
Price: $225.00, Subscriber Price: $157.50
Word count: 383
Abstract: Sending confirmation letters to third parties is an effective way to verify borrowers’ financial statement balances, as well as unusual contractual terms and transactions. An updated AICPA bulletin can help lenders understand how and when to use confirmation letters to minimize default risk. (Updated 9/27/12)
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Rethink risk management — one borrower at a time
May / June 2008
Newsletter: Commercial Lending Report
Price: $225.00, Subscriber Price: $157.50
Word count: 650
Abstract: All of your customers face risks and opportunities. Many private companies mistakenly forgo formal risk management, arguing that it’s too expensive and time-consuming. Help your borrowers recognize the benefits of enterprise risk management (ERM).
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Distributions or salary? S Corps Must Think Twice Before Classifying Payments
May / June 2008
Newsletter: Commercial Lending Report
Price: $225.00, Subscriber Price: $157.50
Word count: 847
Abstract: The IRS is cracking down on S corporations that misclassify payments to shareholder-employees as distributions — rather than salary expense. You can help your borrowers avert costly, time-consuming audits, as well as unexpected tax liabilities, penalties and interest charges, by explaining the risks of misclassified payments.
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Reasons to lend to plastics manufacturers
March / April 2008
Newsletter: Commercial Lending Report
Price: $225.00, Subscriber Price: $157.50
Word count: 438
Abstract: In the wake of the layoffs, equipment write-offs, liquidations and consolidations earlier this decade, domestic plastics manufacturing may seem lackluster. But opportunities await lenders who select plastics prospects wisely.
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Can you hang your hat on interim financial statements – Navigating pitfalls to get the most from midyear
March / April 2008
Newsletter: Commercial Lending Report
Price: $225.00, Subscriber Price: $157.50
Word count: 568
Abstract: Financial statements present a company’s financial condition at one point in time. But when borrowers report only year end results, lenders are left in the dark until the next year. While interim reporting may provide some insight into borrowers’ ongoing performance, lenders who recognize both its pros and cons can most effectively minimize the risk of year end surprises.
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Fraud study links financial misstatement to collusion
March / April 2008
Newsletter: Commercial Lending Report
Price: $225.00, Subscriber Price: $157.50
Word count: 373
Abstract: A closely knit staff can backfire against an employer when fraud strikes. Collusion can appear in financial misstatement cases in which top managers or others falsify records to appear more creditworthy. Learn about the types of fraudulent reporting techniques, including fictitious revenue, concealed liabilities, improper asset valuations and cutoff scams.
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Valuation revelation – Get to know your borrowers through appraisal reports
March / April 2008
Newsletter: Commercial Lending Report
Price: $225.00, Subscriber Price: $157.50
Word count: 771
Abstract: Financial statements tell just part of the story. Business valuations can provide an added dimension to your understanding of your customers, and affirm (or refute) your own due diligence. This article tells how to get the most from appraisal reports by following certain business valuation basics.
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Getting it wrong the first time – See the silver lining in accounting restatements
March / April 2008
Newsletter: Commercial Lending Report
Price: $225.00, Subscriber Price: $157.50
Word count: 763
Abstract: Financial restatement is increasingly prevalent, with one of every 10 public companies filing for a second time. Many financial statement do-overs result from the misinterpretation of accounting principles, revision of accounting estimates, regulatory mandates or inadvertent math errors. This article explains the causes for restatement, and describes how to minimize them.
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Fair value – New accounting standard poses financial statement challenges
Spring 2008
Newsletter: Community Banking Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 416
Abstract: Bankers will be busy measuring the fair value of instruments on their next financial statement as they realize the widespread impact of a new accounting standard. That is because financial statements for fiscal years beginning after Nov. 15, 2007, must comply with FASB’s Statement of Financial Accounting Standards No. 157, Fair Value Measurements (SFAS 157). If you haven’t started familiarizing yourself with the new rule, it’s time to do your homework on how it will affect you.
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Using your best judgment – Back up qualitative decisions per loss allowance policy
Spring 2008
Newsletter: Community Banking Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 535
Abstract: Bankers setting allowances for loan and lease losses are paying special attention to the documentation that supports the decisions they make. For the past year or so, financial institutions have been grappling with the new accounting requirements in the Interagency Policy Statement on the Allowance for Loan and Lease Losses (ALLL). Here’s what you need to know about the changes.