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