Financial Institutions

Understanding a bank's financial statements

We offer customized on-site training in the following topics:

  • Securites: Trading, available for sale, and held to maturity
  • Non-marketable equity securities: Equity method and cost method
  • Loans and allowance for credit losses: Consumer loans, corporate loans, purchased distressed loans
  • Repurchase and resale agreements
  • Goodwill and intangible assets
  • Deferred tax assets and liabilities
  • Fair value measurement and fair value elections: Level I, II, and III classification
  • Bonds: Debt value adjustments
  • Preferred shares
  • Derivatives and hedging: Foreign currency, interest rates, credit default swaps, credit valuation adjustments
  • Incentive plans and retirement benefits
  • Special purpose entities
  • Earnings per share

Analyzing a bank's financial statements

We offer customized on-site training in the following topics:

  • Income sources: Net interest margins, fees, trading and market making profits
  • Regulation: Basel regulations, Tier I and II capital computations, Conservation buffer
  • Leverage ratios
  • Liquidity ratios: Liquidity Coverage Ratio (LCR), Net Stable Funding Ratio (NSFR)

Understanding an insurance company's financial statements

We offer customized on-site training as an introduction to the following areas:

  • Premiums written vs. premiums earned vs. premiums received
  • Loss expenses vs. loss paid
  • Reinsurance recoverable
  • Deferred polity acquisition costs
  • Segregated accounts
  • Investment portfolio and investment returns