Banking: Deposits and Other Sources of Funding

We fill up our piggy banks with spare change, but what fills up a bank’s piggy bank? This deposits and sources of funding 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.

Topics covered in this deposits and sources of funding CPE course include:

• Introduction to funding sources
• Deposits
• Borrowings and debt issuance
• Other financing options and liabilities held by banks
• Disclosures

If you're new to the banking industry or just want a thorough refresher on the accounting and reporting requirements for different funding sources, this deposits and sources of funding CPE course is for you! It is easy to understand with plenty of examples of each funding source to help you bring the guidance to life. And with GAAP Dynamics, you know it will be fun!

Interested in group discounts for your team? Contact us to learn more.

 By the end of this course, you should be able to: 

• Identify typical forms of funding used by banks and their key attributes 
• Recall the accounting for deposits and borrowings, including long-term debt