It's Midnight...Do You Know Where Your ZOMBIE Assets Are?
Zombie assets are there, they're just not alive on the company books... assets that you have physically but with nothing in the accounting records to support them.
How do they happen? Many times, a prior error occurred in terms of charging items as expenses which actually went into long-lived equipment or properties. And, in an age of hyper-scrutiny over compliance, these assets may come back from the dead to bite you.
Dinsmore, along with RSA financial and investment advisors provide this 60-minute journey through the world of these hard-to-value bank assets and how to deal with them.
Webinar topics cover:
- GAAP Fair Value
- Basel III compliance
- The Volcker Rule
- Case Studies: Real-world Zombie (asset) stories