Upcoming Employee Training - Canadian Credit Union Association

eClasses are a series of in-depth, online, instructor-led courses that cover credit-union specific content for employees working in various roles such as lending, financial service, compliance and risk management, and more. Check out our calendar to what eClasses are coming up in each subject area: 2020 eClass calendar

NEW! Join us for a series of engaging webinars provided by MNP discussing the changing landscape of agricultural risk management. These webinars are available free of charge. Click each link below to review the recorded session:

Agriculture Risk Management Part 1: Projecting Risk (March 26)

Facilitator: Stuart Person, Senior Vice President, Agriculture, MNP

The fundamental financial risks associated with farming have not changed in recent years, but they have increased due to changes in the agricultural landscape. Farmers are more than producers of food, they are perceived as caretakers of the natural environment and provider of quality goods of that environment. This webinar is designed to discuss financial risk management tools available for producers to manage their business, so that Credit Union Advisors can work with members ensuring appropriate risk management and protection of your Credit Union’s assets. By understanding MNP’s Agriculture Risk Management Projector™ you will learn which members could benefit from forward looking information and identify opportunities to help Agriculture members grow and strengthen their business.

In this session, you will:

Review tools to model and manage financial risk at the producer level; and,
Gain insight required to provide exceptional service to Agriculture members.

Agriculture Risk Management Part 2: Financial Fluency (March 30)

Facilitator: Stuart Person, Senior Vice President, Agriculture, MNP

Financial statements provide insight into the financial position and performance of farm business. Accurate records and financial statements are the foundations required to analyze the financial condition and trends of farm operations. As a lender, you may focus on EBITA and Equity, but there are many other areas that go into the lending decision. Many times, its not just about approving a loan, but looking at the big picture or aggregate debt given the information you have. This webinar is designed to help lenders better understand key concepts in historical financial statements so you can incorporate forward looking information and help farmers tie metrics to insurance and risk, all while ensuring your credit union is comfortable with the risk.

In this session, you will learn:

How to use the income statement to determine how a farm is performing;
The correlation between revenue and production;
The value of industry specialized financial statements, real time reporting and future projections;
How the timing of insurance proceeds can impact historical statements; and
How to go beyond historical information, tying MNP’s ARMP into common lending metrics to get a better picture of risk.

Stuart Person, CPA, CA is the Senior Vice President of MNP’s Agricultural Services and Director of Crops, located in the Edmonton office. Stuart has more than 25 years of experience in Agriculture, specializing in the grain industry and is passionate about the industry. Growing up on a grain farm in Saskatchewan, Stuart continues to participate as a producer himself. This experience and knowledge allows Stuart to relate first hand to what producers face in their operations and gives him insight to help producers manage risk, overcome challenges and achieve goals. Stuart works with many industry stakeholders on a daily basis and leads a national team of more than 600 Agriculture professionals who serve more than 17,000 clients. Working closely with financial institutions that focus on Agriculture, Stuart has insight into offerings and services being provided and is a current credit union member.