Banking: Industry Overview

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Description

What is a bank? How do they make money? And why are they so special? Don't worry, we answer these questions (and more) in this CPE-eligible, eLearning course (1.5 CPE). Join us as we walk through the core activities and key transactions of a bank to provide an overview of this specialized industry. For each of the core activities, we introduce you to the area, provide a high-level overview of initial and subsequent accounting in accordance with U.S. GAAP, review the key accounting issues, and briefly look at the related disclosures using "real-life" financial statements of a bank. If your new to the banking industry, this online course is a great place to start!

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Learning Objectives

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

  • Recall the core activities and key transactions of a bank 
  • Identify the various risks faced by banks
  • Recall the critical accounting policies and estimates of a bank 
  • Recall the importance of regulatory capital 

Additional Information

Last Updated 06/01/2024
CPE Credit 1.5
Field of StudyAccounting
IndustryBanking
Instructional Delivery MethodQAS Self Study
Knowledge LevelOverview
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.

$0

eLearning
ID: E-0EO7QV

1h 30m

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