Identification: CU1911
This program focuses on identifying, analyzing and accounting for lease agreements in compliance with the new lease standard ASC 842. It also provides helpful hints, lessons learned and industry tips on navigating the nuances of the new lease standard as it applies to credit unions.
At the end of this session, attendees will be able to:
Identification: CU1912
This session will focus on the origins of liquidity risk and stress for financial institutions, knowing liquidity sources and uses, and provide some guidance on liquidity management into the future.
Identification: CU1913
The purpose of this session is to summarize key provisions of FASB Accounting Standards Codification (ASC) 326, Financial Instruments — Credit Losses, and to address key considerations in auditing the allowance for credit losses related to loans under the ASU and disclosure considerations. This session is intended to provide auditors with information that may help them improve the effectiveness and efficiency of their audits and practices when auditing CECL. Preparers of financial statements might also find this helpful in developing their accounting estimates and the controls over the estimates. This session will highlight key areas within the auditing process, including obtaining an understanding of the entity, assessing the risks, identifying the controls relevant to the audit, designing an audit response, performing audit procedures, and evaluating the audit results, to name a few.
Identification: CU1915
Unrelated Business Income Tax concepts & revenue streams specific to credit unions for consideration Tax Reform impacts and application on credit unions, including: UBI siloing, NOL rule changes, new excise tax on excess compensation, new inclusion in UBI for qualified transportation benefits.
Identification: CU1916
Fraud is difficult to identify, and forensic data analytics can often help.
This session will discuss how forensic data analytics can be used both proactivity and reactively to better identify fraud risk. It will show the power of data analytics using both proactive and reactive case studies. We will introduce a method to apply data analytics, demonstrate capability and explain how the data analytics methodology can be used to efficiently and effectively identify risk.
Identification: CU19203
How are strategies changing in 2019 to support ever-increasing performance goals? Kaufman Hall surveyed CFOs and senior finance executives from financial institutions around trends and priorities in financial performance management. In this session, Kaufman Hall experts Ken Levey and Bryan Ridgway will:
Identification: CU1917
The session will provide our panelists an opportunity to discuss their approach to addressing CECL for their credit unions or their clients. They will provide background on their CECL path thus far and the challenges they have faced. In addition, participants will have time to ask questions of the panelists.
Identification: CU1918
We will discuss recent changes to NCUA's examination related tools and applications. We will also provide an update regarding NCUA's "Virtual" examination project. In addition, other contemporary topics related to NCUA's examination program will be discussed.
Identification: CU1919
This session will cover frequent accounting questions asked by credit union personnel…………….and questions that should have been asked by credit union personnel regarding infrequent and unusual accounting transactions.
Identification: CU1920
The recession, current interest rate environment, regulations, and other factors have contributed to the changing role of the finance executive. In this session, you’ll hear from four industry leaders about their journey of becoming successful credit union finance executives. They’ll share some war stories, provide some insights into successful management techniques, and discuss their thoughts on strategic challenges they see on the horizon.