2022 AICPA & CIMA Conference on Banks & Savings Institutions

Sep 11, 2022 ‐ Sep 13, 2022


Join us for 3 days in September to hear from key regulators from the Federal Reserve, SEC, FASB, PCAOB about today’s most pressing issues and stay for the informative “Ask the Experts” panel discussions and interactive Q&A sessions.

Who Should Attend

  • Public practitioners with banks and savings institution clients
  • Preparers and auditors serving banks and savings institutions
  • CFOs, controllers and financial executives in institutions of all sizes
  • Regulators in government and industry

The Association is dedicated to removing barriers to the accountancy profession and ensuring that all accountancy professionals and other members of the public with an interest in the profession or joining the profession, including those with disabilities, have access to the profession and the Association’s website, educational materials, products, and services. The Association is committed to making professional learning accessible to all product users. This commitment is maintained in accordance with applicable law. For additional information, please refer to the Association’s Website Accessibility Policy. As part of this commitment, this product is closed-captioned. For additional accommodation requests, please contact adaaccessibility@aicpa-cima.com and indicate the product that you are interested in (title, etc.) and the requested accommodation(s): Audio/Visual/Other. A member of our team will be in contact with you promptly to make sure we meet your needs appropriately. 

Packages Display Packages

This includes sessions from the conference: 2022 AICPA & CIMA Conference on Banks & Savings Institutions

Sessions Included:

SEC Updates from the Office of the Chief Accountant (Sep 12, 2022 09:55 AM)

You’ve Got Talent: Building a Workforce for the Future (Sep 12, 2022 01:10 PM)

Understanding Risk and Hedging – Back to Basics (Sep 12, 2022 02:55 PM)

SEC Updates from Corporation Finance and Office of the Chief Accountant (Sep 12, 2022 04:20 PM)

Performance and Outlook for Banks (Sep 12, 2022 04:20 PM)

The Future of Stablecoins, presented by KPMG LLP (Sep 14, 2022 07:00 AM)

Fintech Accounting Issues: What You Need to Know! (Sep 13, 2022 01:00 PM)

Community Bankers Panel: Keeping Ahead of the Curve (Sep 14, 2022 01:00 PM)

Benchmark Rates: Operational Considerations (Sep 13, 2022 01:00 PM)

Emerging Tax Developments Impacting Your Institution (Sep 13, 2022 02:45 PM)

The ESG Business Case: Perspectives from Bankers (Sep 13, 2022 03:45 PM)

Keynote: Perspectives on the Regulatory Landscape (Sep 14, 2022 08:00 AM)

U.S. Economic and Housing Market Update (Sep 14, 2022 09:45 AM)

Balance Sheet Strategy (Sep 14, 2022 11:10 AM)

Mid-Size Bank Chief Accounting Officer Panel (Sep 13, 2022 01:00 PM)

M&A Valuation Considerations (Sep 14, 2022 01:00 PM)

Digital Assets Considerations (Sep 14, 2022 01:00 PM)

Community Bank Financial Reporting Hot Topics (Sep 14, 2022 02:25 PM)

Ask the Experts - Large Banks (Sep 14, 2022 02:25 PM)

Keynote: Perspectives on the Regulatory Landscape (Replay) (Sep 14, 2022 03:50 PM)

Staying Nimble: The Ins and Outs of Effective Scenario Planning, presented by Syntellis Performance Solutions (Sep 13, 2022 07:00 AM)

Securitizations and Participations - Reaching the Checkered Flag!, presented by Grant Thornton (Sep 13, 2022 07:00 AM)

The Need for Speed: Make Decisions Faster for Profitability and Growth, presented by Fiserv (Sep 14, 2022 07:00 AM)

Standard: $379.00

Sessions

SEC Updates from the Office of the Chief Accountant

Sep 12, 2022 9:55am ‐ Sep 12, 2022 10:45am

Identification: BAN2202

This panel will feature updates from the Office of the Chief Accountant of the SEC on its work relating to accounting and auditing matters, including activities relating to oversight of accounting and auditing standard-setters, technical accounting consultations, and international coordination.

Learning Objectives:
  • Assess filing review observations, including those relating to COVID-19, CECL and banking specific responses
  • Interpret rule-making initiatives
  • Evaluate matters regarding division monitoring and activities
Speaker(s):
  • Paul Munter, CPA, Ph.D., Acting Chief Accountant, U.S. SEC
  • Kevin Vaughn, CPA, Senior Associate Chief Accountant, U.S. Securities & Exchange Commission
Category: General Session (Onsite and Online)
Standard: $49.00

You’ve Got Talent: Building a Workforce for the Future

Sep 12, 2022 1:10pm ‐ Sep 12, 2022 2:25pm

Identification: BAN2204

In our new normal, Talent Management matters even more than ever. Leadership succession in the C-Suite and throughout the institution is a priority on Boardroom agendas, and regulatory scrutiny of succession plans is on the rise at all institutions. Is your institution a magnet for top talent or are you seeing talent leave the organization? How is your institution managing the increasing demands for workplace flexibility and competitive compensation?

How are you helping your managers to better navigate the challenges of overseeing an increasingly mobile next generation of workers, especially when they may not be together in person very often.

We’ll discuss these issues and new realities together in this panel discussion, with experts from JP Morgan Chase, EY and Equity Bank. We’ll also hear Best Practices from our panel as well as key areas of focus from Talent Expert, Executive Search and Board Advisor, Dara Klein, Managing Director Kaplan Partners.

Learning Objectives:
  • Choose talent management as a key priority in the Boardroom.
  • Analyze how workers today are open to change for a flexible work environment and the opportunity for career development.
  • Identify how institutions are feeling increased employee retention and acquisition pressure – with compensation at all levels, exceeding recent norms. Mid-Year Raises to retain or One-Time Payments to acquire talent are becoming standard.
Moderator(s): ​Speaker - Virtual(s): Speaker(s):
Category: General Session (Onsite and Online)
Standard: $49.00

Understanding Risk and Hedging – Back to Basics

Sep 12, 2022 2:55pm ‐ Sep 12, 2022 4:10pm

Identification: BAN2205

This session will define the types of risk and explain key concepts of hedging, as well as typical pros and cons. We will walk through core types of risk exposures facing financial institutions (by the asset class) and explore how to handle the review and analysis of level 3 assets/liabilities (highest designation of risk for fair value assets/liabilities).

Learning Objectives:
  • Determine how/why these risk types reside on a balance sheet (trading book, entities in different countries etc). Example “what is IR risk and why do we have it”?
  • Identify one example from each asset class/risk type, assess the risk and hear examples of how to effectively transfer/mitigate the risk through derivative hedging
  • Evaluate a macro approach as well as creating a valuation uncertainty framework where the unobservable risk is documented, and reasonable alternative input is selected.
Speaker(s):
  • Matthew Foley, Managing Director - Valuation & Business Analytics, BDO USA, LLP
Category: Concurrent Session (Onsite and Online)
Standard: $49.00

SEC Updates from Corporation Finance and Office of the Chief Accountant

Sep 12, 2022 4:20pm ‐ Sep 12, 2022 5:10pm

Identification: BAN2207

The Division of Corporation Finance and the Office of the Chief Accountant have been active on many fronts this past year. Join this session for developments and priorities of Corp Fin and OCA regarding banking and registrant matters.

Learning Objectives:
  • Assess filing review observations, including those relating to banking specific responses
  • Analyze rule-making initiatives
  • Identify matters regarding division monitoring and activities
Speaker(s):
  • Rachel Mincin, Senior Associate Chief Accountant, U.S. Securities & Exchange Commission
  • Stephanie Sullivan, CPA, Associate Chief Accountant, U.S. Securities and Exchange Commission
Tags: All Banks
Category: Concurrent Session (Onsite and Online)
Standard: $49.00

Performance and Outlook for Banks

Sep 12, 2022 4:20pm ‐ Sep 12, 2022 5:10pm

Identification: BAN2208

This session will discuss the performance of the banking industry and share an outlook for the primary drivers to the future performance of bank stocks.

Learning Objectives:
  • Evaluate information on bank operating trends from the latest quarterly disclosures
  • Assess primary drivers to the performance of bank stocks
Speaker(s):
Tags: All Banks
Category: Concurrent Session (Onsite and Online)
Standard: $49.00

Staying Nimble: The Ins and Outs of Effective Scenario Planning, presented by Syntellis Performance Solutions

Sep 13, 2022 7:00am ‐ Sep 13, 2022 7:50am

Identification: BAN22SS01

How agile is your institution? Though currently in a low-rate, high-deposit environment, have you identified short and long-term scenarios based on key business drivers for when the financial market inevitably changes? In this session, Sr. Solutions Engineer Heather Hinchley will walk us through best practices for effective scenario planning and practical applications for financial institutions.

Learning Objectives:
  • Analyze what scenario planning really means – and what you should be modeling in today’s environment
  • Identify the specific drivers you should look at, and tips for incorporating those driver assumptions to create meaningful scenarios
  • Determine how to understand the downstream effects of specific scenarios/assumptions on your current forecast
Speaker(s):
Category: Concurrent Session (Onsite and Online)
Standard: $49.00

Securitizations and Participations - Reaching the Checkered Flag!, presented by Grant Thornton

Sep 13, 2022 7:00am ‐ Sep 13, 2022 7:50am

Identification: BAN22SS02

While many of us race to the finish our loan sale accounting, this session will provide an overview of common accounting potholes associated with securitization and participation transactions, with a focus on residential mortgages. While keeping your eyes on that first-place finish, this session will make you aware of common warning flags when analyzing securitization vehicles for consolidation and necessary accounting pit stops to make when determining whether loans transferred may be accounted for as loan sales.

This session will provide an overview of securitization transactions, consolidation analysis, sale and MSR accounting, special considerations, legal opinions, Mortgage Participation Programs, and Fintech Programs.

Learning Objectives:
  • Identify key accounting issues associated with common securitization and participation structures
  • Recognize control and documentation procedures to support accounting conclusions
Speaker(s):
  • Matthew Esposito, Partner, Accounting Advisory Services, Grant Thornton LLP
  • Rachel Binder, Senior Manager, National Professional Practice, Grant Thornton LLP
Standard: $49.00

Fintech Accounting Issues: What You Need to Know!

Sep 13, 2022 1:00pm ‐ Sep 13, 2022 2:15pm

Identification: BAN2212

This session will cover the accounting hot topics of FinTech companies in a concise manner.  We will explore the differences in fundamental accounting and financial reporting that these disruptive new joiners to the financial services industry.

Learning Objectives:
  • Identify the Fintech ecosystem and key trends in financial services disruption
  • Analyze the types of strategies being used to offer FinTech products and services to customers
  • Determine the new types of accounting and financial reporting issues needed to navigate the complexity of FinTech
  • Assess the KPI and reporting hot topics of FinTech
Speaker(s):
Tags: Technology
Category: Concurrent Session (Onsite and Online)
Standard: $49.00

Mid-Size Bank Chief Accounting Officer Panel

Sep 13, 2022 1:00pm ‐ Sep 13, 2022 2:15pm

Identification: BAN2213

Hear from mid-sized bank CAOs/Controllers about how their banks are addressing operational, financial reporting and regulatory matters.

Learning Objectives:
  • Evaluate changes in operations due to changes in economy, workforce, etc.
  • Analyze top of mind accounting and financial reporting matters
  • Identify operational efficiency challenges
Moderator(s): Speaker(s):
Tags: All Banks
Category: Concurrent Session (Onsite and Online)
Standard: $49.00

Benchmark Rates: Operational Considerations

Sep 13, 2022 1:00pm ‐ Sep 13, 2022 2:15pm

Identification: BAN2214

With the Libor cessation date approaching, institutions continue to confront a range of issues related to both legacy and new instruments on the balance sheet.  In this session, we will review the range of issues associated with cessation, and how many in the industry are approaching these issues. The session will explore these items from both an operational and accounting perspective, to give full context for arriving at strategic conclusions.  

Learning Objectives:
  • Analyze the timeline of Libor cessation across each index
  • Determine the key considerations regarding fallback language across different contract types (loans, bonds, derivatives, etc.)
  • Identify a strategy for how to address all Libor exposure types including legacy "tough contracts" without key fallback language
Speaker(s):
  • Ryan Henley, CFA, Managing Director, Head of Financial Institutions Strategies, Stifel
Tags: All Banks
Category: Concurrent Session (Onsite and Online)
Standard: $49.00