The New York Credit Union Association has added a new Basic Accounting Workshop to its events lineup. The new session will be held Friday, Aug. 16, at the Federal Home Loan Bank of New York offices on Park Avenue in Manhattan.
The Basic Accounting Workshops will explain financial reporting in easy-to-understand terms for credit union staff. The sessions are designed to help staff understand how the work they do serving members relates to the credit union’s overall finances and financial reporting. The workshops will take a practical approach to explaining financial reporting without getting bogged down in technical accounting jargon. At the same time, commonly used terms will be explained so that participants will be able to understand the basic terminology that is part of credit union accounting.
To register for a session, use the links below:
- New York City (Aug. 16): Federal Home Loan Bank of New York
- Buffalo (Aug. 20): Hilton Garden Inn Buffalo Airport
- Albany (Aug. 21): Association headquarters
All three sessions will be led by Jeffrey Paille, a CPA and audit partner at the Bonadio Group, and Grace Gonzalez, a CPA and audit principal at the Bonadio Group.
Paille’s background includes conducting financial statement audits of credit unions. Paille has also consulted with credit unions on various matters, including executive compensation arrangements, strategic planning, board election procedures, merger due diligence and accounting, allowance for loan losses considerations, the adoption of new accounting standards, and other matters.
Gonzalez has served on audit teams for numerous credit unions. She has significant experience addressing audit implications related to loan portfolios and lending programs, investing and borrowing activities, performing compliance audits for specialized lending programs, as well as understanding and evaluating internal controls.