Understanding when TDR accounting does and does not apply under GAAP can be confusing. That's why Sheshunoff has put together a highly popular and information-packed webinar.

Join accounting expert Gary M. Deutsch for Troubled Debt Restructurings: When TDR Accounting Does Not Apply Under GAAP. This is your best chance to get real-world guidance on the requirements of ASC 310-40, Troubled Debt Restructurings by Creditors and ASU 2011-02, A Creditor's Determination of Whether a Restructuring Is a Troubled Debt Restructuring, and clarify how they impact institutions attempting to modify loan agreements in compliance with GAAP and other regulatory guidance.

Designed for anyone involved in loan workouts and financial reporting of restructured loans, the webinar on May 1st will show you how to investigate whether or not TDR accounting applies to a restructuring agreement, and how to account for the restructuring if TDR accounting does apply, by:

• Determining if a loan restructuring agreement is covered by one or more of the four types of modification of debt terms that require TDR impairment accounting
• Applying additional GAAP tests to determine if the restructuring that was consistent with one or more of the four types of modification of debt terms may not have to be accounted for as a TDR (If TDR accounting is not required, institutions can avoid impairment accounting.)
• Determining how to setup initial impairment accounting entries and manage impairment balances each quarter for TDRs while loans balances are outstanding (The focus here is on GAAP compliance.)

These learning points will be discussed using examples of modified loan agreements to demonstrate if TDR accounting is required and if it is required, how to account for impairment.  

Get even more out of this session by bringing the terms of your modification agreements to the webinar to discuss with Gary during the Q&A session. To submit them in advance, send them to customercare.sis@sheshunoff.com referencing ‘TDR webinar’ in the subject line of your email.

For one low price—just $249—you and your entire team can take part together in this fast-paced, comprehensive webinar. Best of all, you’ll be able to connect personally with our speaker when we open things up for questions from the audience.

Take advantage of this opportunity to hear from someone who has trained thousands of financial institution professionals in all aspects of risk management. Gary M. Deutsch as extensive risk management and internal audit experience, and is a licensed CPA in Maryland, has a B.A. in accounting and an MBA in finance from Loyola University, Maryland. He has also achieved the Certified Management Accountant, Certified Internal Auditor and Certified Bank Auditor designations. Register today! Your webinar registration includes:

• A site license to attend the conference (invite as many people as you can fit in the room at no extra charge).
• Downloadable presentation slides from our speakers.
• The opportunity to connect directly with the speakers during the open Q&A session.
• One (1) CPE credit hour.

Sheshunoff interactive webinars are 90 minutes long and include a 30-minute Q&A session with the expert so you may ask questions specific to your institution. Handouts are made available 48 hours prior to the conference and certificates of attendance may be requested for all attendees. While webinars may be attended in an audio-only format, we encourage you to take advantage of the interactive features in the webinar. 

About Gary M. Deutsch

Gary M. Deutsch has worked extensively in management positions with both regional financial institutions and community banks in audit, lending, financial, and operational areas. He served as a KPMG financial institutions consulting practice leader in the Mid-Atlantic region delivering strategic planning, profit improvement, financial management, and merger- and acquisition services. Mr. Deutsch is the founder and president of BRT Publications LLC, a professional education and training company serving the financial industry for over ten years. In this capacity he has written numerous publications for Sheshunoff and A.S. Pratt on topics such as risk management, credit management, asset and liability management, and accounting and internal auditing. He also conducts audio conferences and webinars on current issues related to these topics. Mr. Deutsch is a licensed CPA in Maryland and has a B.A. in accounting and an MBA in finance from Loyola University Maryland. He has also achieved the Certified Management Accountant, Certified Internal Auditor, and Certified Bank Auditor designations. See all works by Mr. Deutsch