Banking: Deposits and Other Sources of Funding
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Description
We fill up our piggy banks with spare change, but what fills up a bank’s piggy bank? This CPE-eligible, eLearning course (1.0 CPE) explores how a bank obtains funding to carry out its activities. We discuss common sources of funding for banks including deposits, short-term and long-term borrowings, repurchase agreements, and more, using famous pigs as the common theme! Along the way we highlight characteristics of each funding source, how they are accounted for under U.S. GAAP (ASC 405 and ASC 470), and the key accounting and reporting issues to keep in mind.
This course is included in the following collections:
Learning Objectives
- Identify typical forms of funding used by banks and their key attributes
- Recall the accounting for deposits and borrowings, including long-term debt
Additional Information
| Last Updated | 07/01/2024 |
|---|---|
| CPE Credit | 1 |
| Field of Study | Accounting |
| Industry | Banking |
| Instructional Delivery Method | QAS Self Study |
| Knowledge Level | Overview |
| Prerequisites | None |
| Advanced Preparation | None |
| Expiration | This course, collection, or subscription expires one year from the date of purchase. The post-course assessment for each course must be satisfactorily completed, as evidenced by a passing grade of at least 70%, by the expiration date to be awarded any qualifying continuing professional education (CPE) credit. |
| Refund or Cancellation Policy | For more information regarding refunds, concerns, and program cancellation policies, please contact the GAAP Dynamics Support Team via email at support@gaapdynamics.com or call (804) 897-0608. |
$120
1h 00m
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