This session will address the proper accounting and/or tax treatment for those 'one-off' transactions that impact credit unions on an infrequent basis. Topics will include the sale of loan portfolios, dollar roll transactions, collateral assignment transactions and more.
Session objectives include:
Become familiar with some of the infrequent accounting transactions that impact credit unions
Learn the proper accounting treatment for these 'one-off' transactions and/or know when to seek professional help