Financial Services General
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Engaging and Managing your MSP
Over the years, our financial institution’s practice has seen numerous instances where financial institutions switch Managed Service Providers (MSPs) out of frustration due to MSP underperformance, out of scope costs, and lack of industry expertise. The process to select the right MSP for your financial institution requires confirmation of the MSP’s industry expertise, an understanding of contract features, and greater vendor oversight of the MSP.
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Lease Accounting Standard Update
The COVID-19 pandemic delayed the lease standard for private financial institutions. Learn more about the standard and how CLA can help your organization.
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Roadmap to an Effective Information Security Program
Learn how a well-documented roadmap and policy can help secure your financial institution’s information assets.
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Problem Loan Management – Action Plans
In this three-part series, our goal is to provide considerations for evaluating the overall problem loan management function as we continue to navigate the economic impacts of the COVID-19 pandemic. In this final part our problem loan management series, we turn our focus to action plans.
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Problem Loan Management – Evaluation of Performance and Modifications
In the next part of our problem loan management series, we turn our focus to financial analysis, frequent monitoring, and how to account for special considerations such as loan modifications and extraordinary items on financial statements.
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Problem Loan Management – What is it?
In this three-part series, our goal is to provide considerations for evaluating the overall problem loan management function as we continue to navigate the economic impacts of the COVID-19 pandemic.
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Updates on PPP Loan Forgiveness
With new forms come new observations…see what Brittany Stern has to share about the new PPP forgiveness forms.
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Insights and Observations on Recent PPP Loan Originations
As we assist lenders with the latest round of PPP originations, we share our observations learned so far in the process.
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PPP Aspects of the Consolidated Appropriations Act, 2021 for Lenders
As we wait for SBA’s near-term guidance on administration of the revised PPP, read some of our current insights.
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$900 Billion Pandemic Relief Bill Awaits President’s Decision to Sign
As we wait for the President to sign the latest economic relief package, included are key provisions for financial institutions involved in PPP.