Bank's Business and Key Financial Statement Concepts

In this program, participants will gain insight about:
* Bank’s Business and its Financial Statements
* Bank’s Financial Statement and its recording Concept 

Certificate of completion (supplied by PasarTrainer)

Training Material

A multiple-choice test to assess the participants' proficiency level after enrolling in the training program.

Pre-Test

* Importance of Banking Operations & Technology
* Why EOD & EOM support are critical

Importance of banking operations and technology, especially EOD & EOM support.

Introduction 

* Transaction management, real-time processing

Core banking systems, automation, compliance

Banking Operations & Technology Overview

* Funding & Lending
* Non-Interest Based Income (Payment and Settlement, Agency Services, Treasury (FX), and Wealth Management)


In this module, participants will learn about:

Overview of Bank Business Structure

Transaction validation, reconciliation, backups, and its role in accuracy and risk mitigation.

EOD & EOM Process

* Bank Business in the Balance Sheets & Income Statement (Keys Balance sheets accounts and Key Income Statement accounts)
* Bank’s Balance Sheets: Nostro & Vostro Accounts 
* Bank’s Balance Sheets & Revaluation Concept (Currency Revaluation, Interest Accruals Revaluation, Fair Value Revaluation: Trading Book Assets Revaluation & Banking Book Assets Revaluation, and Depreciation and Amortization)
* Bank’s Key Financial Recording Concepts and Income Statements





Bank Business, Financial Statements, and its Recording Concept

* Operational Challenges: System failures, delays, reconciliation mismatches
* Technology Challenges: Downtime risks
* Compliance Risks: Data integrity, audit failures, penalties

System failure, challenges & compliance risks.

Challenges Operation & Technology Support

Technology Solution

* Real-world example of an EOD/EOM failure
* Consequences: Financial losses, regulatory fines, reputational damage
* How technology resolved the issue