Concentration Risk and Earnings Volatility Under CECL

Sep 11, 2019 6:30am ‐ Sep 11, 2019 7:20am

Identification: BAN19205

This session will feature a view from accountants and credit experts on how banks will integrate their front office initiatives with credit risk viewpoints directly resulting from CECL.

Learning Objective:

  1. Discover how the topics of concentration risk, earnings volatility and pricing will be impacted post-CECL

Leveraging Automation to Enable Finance Data Strategy

Sep 11, 2019 6:30am ‐ Sep 11, 2019 7:20am

Identification: BAN19206

In this session, you will discover how to combine the power of automation and analytics to create efficiencies in order to drive your data strategy.

Learning Objectives:

  1. Leveraging automation to decrease manual effort for data identification and data quality.
  2. Ability to combine structured & unstructured data to further drive business insights and decisions
  3. Improving efficiency and capacity with resources and allowing them to focus on value-add activities, such as business intelligence and visualization
  4. Creating a sustainable process for updating and refreshing data

Trust is in the Balance: Technology and Financial Reporting Confidence

Sep 11, 2019 6:30am ‐ Sep 11, 2019 7:20am

Identification: BAN19207

Only 38% of finance professionals say they “completely trust the accuracy of my financial data.” Where there is doubt, trust suffers, and part of that doubt comes from the manual processes involved in producing financials. It can be hard to feel confident in producing financials when mired in manual processes. Over 41% of accountants said manual inputting leads to their overall distrust in the numbers. This session will explain options available to minimize the manual elements of closing the books and producing financial statements. Trust is in the Balance.

Learning Objectives:

  1. Whether you are a CFO, Controller, Manager or Accountant – understand what you can do TODAY to free your time from focusing on the mundane day-to-day accounting
  2. Learn how technology can not only help you manage risk, but also give you more time to partner with the broader organization
  3. Build trust within your organization by confidently delivering on the promises of high-quality financial reporting

Final Remarks | Perspectives on Regulatory Landscape

Sep 11, 2019 7:30am ‐ Sep 11, 2019 8:50am

Identification: BAN1919

This session will provide a legislative/regulatory update on the Financial CHOICE Act. Participants will leave the session with a greater familiarity with the new landscape and an awareness of potential future changes.

Learning Objectives:

  1. Discussion of actual changes, symbolic changes, and implications for the regulatory landscape

FinTech - Foe or Collaborator?

Sep 11, 2019 8:55am ‐ Sep 11, 2019 10:10am

Identification: BAN1920

The pace of change in technology continues to increase. Join this session to learn about the latest developments in FinTech and its impact on the banking industry.

Learning Objectives:

  1. Learn about the impactful of FinTech companies in banking
  2. Understand what the future holds for FinTech and the banking industry

CECL for Community Banks: Implementation Observations

Sep 11, 2019 10:40am ‐ Sep 11, 2019 11:55am

Identification: BAN1921

The FASB's credit losses standard, the Current Expected Credit Losses (CECL) model, will bring changes for both financial management and operations. As community banks are developing their path for adoption, questions arise on how to obtain data, which data is needed, which approach or model makes sense, what governance should be in place. Join this session to hear from a panel of community bankers who are down the road with answers to these questions. This session will cover practical implementation and operational considerations, and impact of the CECL model for community banks.

Learning Objectives: 

  1. Gain an understanding of community bankers are beginning the adoption process for CECL and assessing the impact
  2. Understand how the CECL model impacts operations and best practices observed

Chief Accounting Officer Panel

Sep 11, 2019 10:40am ‐ Sep 11, 2019 11:55am

Identification: BAN1922

Hear from financial reporting experts from mid-sized banks about issues that are top of mind – and how their banks are tackling them!

Learning Objectives:

  1. Identify current financial reporting and operational issues facing mid-sized banks
  2. Understand status of standard implementations at mid-sized banks

Valuations: Key Considerations

Sep 11, 2019 10:40am ‐ Sep 11, 2019 11:55am

Identification: BAN1923

Join this session to learn about the latest and greatest in valuations. What should I look for a valuation report for an acquisition from a preparer’s and auditor’s perspective? What are the key changes in the AICPA Accounting and Valuation Guide?

Learning Objectives:

  1. Identify key inputs and how to evaluate a valuation report
  2. Understand critical changes in the AICPA’s Accounting and Valuation Guide

CECL: AICPA Task Force Update - Practice Aid & Accounting

Sep 11, 2019 12:55pm ‐ Sep 11, 2019 2:10pm

Identification: BAN1924

Hear directly from auditors about their approach to auditing CECL reserves. Topics will include a Practice Aid developed by AICPA, internal control and documentation expectations, and common pitfalls / challenges.

Learning Objectives:

  1. Learn what auditor’s expectations will be for CECL to help prepare for the transition
  2. Learn what accounting issues have been addressed by AICPA

Panel: Transitioning from LIBOR - The Journey

Sep 11, 2019 12:55pm ‐ Sep 11, 2019 2:10pm

Identification: BAN1925

Reference rates, or IBORs, such as the London Interbank Offered Rate (LIBOR) are widely used in a broad range of financial instruments and other agreements. Regulators in various jurisdictions have undertaken efforts, referred to as reference rate reform, to eliminate certain reference rates and introduce new reference rates or replacement rates.

Learning Objectives:

  1. Identify accounting topics impacted by reference rate reform
  2. Understand potential resolution and timing