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CUNA CFO Council Introduces New “Financial Flash: Timely & Technical Tools for CFOs”

Accounting for Repossessed and Foreclosed Collateral is to be the first “Financial Flash: Timely & Technical Tools for CFOs” released by the CUNA CFO Council as a free member benefit. The new series of documents are intended to be more technical, how-to type papers which help address an immediate need vs. white papers, which are higher level, broader in scope and somewhat more philosophical or trend oriented.

When hot financial topics arise, there are often no in-depth articles or guidance on these issues for credit union finance professionals. The CUNA CFO Council Executive Committee has initiated the new Financial Flash document series, containing timely in-depth technical advice on current finance issues. Each Financial Flash will be announced in an article on the CFO Council website with a link to the accompanying document in the file library.

The latest, Accounting for Repossessed and Foreclosed Collateral was written by Doug Orth, Managing Partner of Orth, Chakler, Murnane & Company.

If you are like most CFOs, accounting for repossessed and foreclosed collateral has become a growing portion of your monthly responsibilities. To bring everyone up to speed on the proper accounting for repossessed and foreclosed collateral, Accounting for Repossessed and Foreclosed Collateral outlines the numerous questions that surface with respect to these topics.

> Click here to Access the Latest Financial Flash

The CUNA CFO Council welcomes the comments and suggestions of members on this new member benefit. If you are aware of topics, writers, or finished pieces that are technical, topical, and timely we would like to know about them.

Contact Pam Finch, Vice Chair, CUNA CFO Council at pfinch@mmfcu.org or 218-822-5101.


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