Secure those year-end CPE requirements!

As a NASBA certified provider, GFMI often gets requests during Q4, (more so, even during December!) to assist clients with Instructor Led Training (ILT) programs that will not only provide for 7 or more CPE credits, but to enrich and update knowledge and skills for their employees.

We’ve highlighted 2 popular classes below, along with student feedback:

Basel II and Credit Risk:

• Define capital and the different tiers according to Basel II requirements
• Compare and contrast standardized and advanced approaches and their advantages
• Create a quantitative and qualitative mix of statistical and business process management methods for the management of credit risk at a financial institutions
• Compare and contrast advantages and challenges with Basel II implementation, debate the current status of Basel II in light of the ongoing crisis

Students, who have attended this class, have commented:

• “I think this is the best organized and useful discussion I’ve heard on Basel II”
• “The explanations were excellent!”
• “Details, but without getting too deep”

Capital Management:

• Define capital, risk based capital, uses, sources and regulations
• Measure capital from the economic, statutory and GAAP perspective
• Debate the role and influence of rating agencies on capital
• Evaluate how capital is managed and moved through a company

Students, who have attended this class, have commented:

• “(the best part) was the Explanation of hybrid and other supplemental capital.”
• “Clarification of complex Capital Management concepts” was most helpful
• “Gaining a new perspective on economic capital structure and how different companies apply it to their operations.”

Other popular class topics include:

• Operational Risk Management
• Lifecycle of a Derivatives (or OTC Derivs) Trade
• Derivatives (Intro to Advanced levels available)
• Credit Default Swaps
• Advanced Fixed Income
• Risk Management

Don’t let the year-end creep up on you!
There’s still time left for an interactive, rewarding learning event that provides CPE credits in an engaging, fun learning event with hands-on activities….

FASB Attempts to Reduce Confusion

Have you ever been confused with all of the FAS, FINs, EITFs, DIGs and amendments to another FAS? I know I have! FASB has attempted to reduce the confusion through FASB Accounting Standards Codification™. In their Notice to Constituents FASB states that their three primary goals are:

1. Simplify user access by codifying all authoritative US GAAP in one spot.
2. Ensure that the codified content accurately represented authoritative US GAAP as of July 1, 2009.
3. Create a codification research system that is up-to-date for the released results of standard-setting activity.

The research system allows the end user to find all the related information in one source.

FASB Accounting Standards Codification™ is the single source of authoritative nongovernmental U.S. Generally Accepted Accounting Principles (GAAP).

FASB offers a resource page on their web site, click here. And a free tutorial, click here.

Ken
President and CEO

UPCOMING EVENTS:

GFMI and the Asset Managers Forum have partnered to present attractively priced, timely financial learning events for their members (and non-members).  Over the years, these joint events have been well received, highly rated and quite successful.

Here are two forthcoming events
over the next month:

Webinar:
Fixed Income – Level One
September 24 (Thursday)
3:00pm – 4:30pm
$140 members / $175 non-members

Instructor led program: 
Introduction to Derivatives in the Asset Management World
October 21 (Wednesday)
8:30am Class Starts / 8:00am Registration. 
5:00pm Class Ends
Special discount rate: $ 595.00 members / $795 non-members
The AMF is currently offering a 25% discount for this event, possibly the lowest price for     this type of learning anywhere! 

For more information and registration,

ACI Dealing Certificate –
popularity continues to grow

This internationally recognized certification is quickly becoming the “knowledge benchmark” for financial professionals whose careers interface with FX, Money Markets, Forwards and Derivatives.  (For details,
click here.)

GFMI provides these means of preparing for the exam:

• Self-study Online
• Self-study Online blended with Webinar reinforcement (for small or large groups)
• Instructor Led Training (for medium to large group study)

The ACI Dealing Certificate is a foundation program that provides candidates with a working knowledge of the structure, valuation, terminology and operations of products used in FX and Money Markets, as well as an understanding of the fundamental math applications used in these markets.

Target participants include:

• New hires and junior dealers
• Middle and Back Office / Operations personnel
• Auditors
• Compliance

Core Study sessions include:

• Basic Interest Rate Calculations
• Cash Money Markets
• Foreign Exchange
• Forwards, FRAs, Money Market Futures and Swaps
• Options
• Principles of Risk
• The Model Code

After successfully sitting for the ACI Dealing Certificate, candidates can progress to the ACI Dealing Diploma.

Find out how your participants can secure their ACI Certification through an interactive, affordable method provided by GFMI.  Email or call us to get the study syllabus and costs for your group or individual candidates…

Coming your way….soon!

New clients ….New Courses…
Over the past several years, we’re pleased to have grown both our client base as well as our Course List.  In meeting the needs of clients, both old and new, we’ve developed an incredible amount of new titles… while growing our talent pool of Subject Matter Experts to match!

Our updated GFMI Brochure and Course List will be (snail) mailed to all our good friends within the next month… Be sure to check your inbox!