| Date: | Tuesday, October 14, 2008 |
| Time:* | 1:00 PM – 2:30 PM ET |
| Featured Speaker: | Gary M. Deutsch |
| Duration: | 90 Minutes |
| Location: | Your office or conference room |
| Prerequisites: | None |
If your area does NOT observe Daylight Saving Time, the time will be one hour earlier.
New and evolving valuation rules are particularly important for bank supervisors
During this risky credit environment, many banks are finding they need to keep a close watch over capital levels and some even need to raise more capital. This need has caused regulators and accountants to show increasing interest in how banks price and value their assets and liabilities. In today’s depressed economy, these valuations are resulting in losses that erode capital balances. This loss of capital is made worse by increasing provisions for loan losses and aggressive examinations targeted at finding more writedowns in loan portfolios.
Despite the importance of this issue to the regulators, there is little information available about valuations. These valuation rules are new and evolving and banks need guidance and direction on how to integrate valuations with regulatory capital requirements. Banks are required to obtain current asset and liability valuations to follow new fair value regulatory guidance and accounting rules.
Balancing Adequate Capital Levels and Evolving Valuation Rules will help you establish a sound approach to valuations and capital management during these difficult economic times. The conference includes a discussion of:
- The regulatory perspective on the valuation process
- The valuation problem and how it impacts bank capital
- Current industry practices for using the valuation process as a risk management tool to monitor capital levels
- Best Practices used to preserve or increase capital levels
About Our Speaker
Gary M. Deutsch, CPA MBA CMA CBA CIA has worked extensively with financial institutions in audit, lending, financial, and operational areas. He has served in senior positions for regional banks as VP of Finance, Real Estate Loan Officer and Senior Audit Manager. Mr. Deutsch served as a consultant to financial institutions in strategic planning, profit improvement, financial management, and merger- and acquisition-related studies while working at KPMG. He was the CFO at a start-up bank, where he organized the accounting, finance, and investment functions to manage significant growth.
Mr. Deutsch is the President of BRT Publications LLC, a professional authoring company serving the financial industry. Some of his published works for AlexInformation include ALM Management Manual, Loan Procedures Manual, Practices and Procedures for Financial Institutions Risk Management, Bank Controller’s Manual, Internal Audit Procedures Handbook, and Risk-Based Audit for Financial Institutions.