This includes sessions from the conference: National Conference on Banks & Savings Institutions 2019
One of the most trusted names in financial reporting and economics, Dr. Rossell analyzes America’s financial future and the U.S. role in the global economy. Drawing on history, theory and her ringside seat to Wall Street, she delivers an insider perspective on the most important economic events of our time.
Join this session to hear from the Securities and Exchange Commission's Chief Accountant, Sagar Teotia, regarding accounting, financial reporting, internal control, and other matters impacting the banking industry.
Hear updates on accounting and auditing matters from representatives of the SEC's Office of the Chief Accountant.
After attending this session, participants will:
This session will provide an overview of Finance approach at Bank of America for emerging technologies including discussion of a number of use cases.
This session will provide an update on relevant topics and issues from the Division of Corporation Finance.
Margins are experiencing the cyclical tight squeeze as interest rates are rising and the curve is flattening to disturbing levels. The tipping point has arrived and cost of funds is quickly increasing. Meanwhile, loan rates are lagging due to competitive pressures; unrealized losses on bonds have resurfaced; EVE risk is rising and regulatory scrutiny is accelerating. Many will hit the “panic” button at precisely the wrong time and take action they will likely regret down the road for long time. Forewarned is Forearmed!
This session will provide an update on PCAOB standard- setting activities and will include a discussion on planning for the new Estimates and Specialists auditing standards.
Today's Controllership and extended Finance teams have a broad span of responsibilities and contributions enabling enterprise business priorities. Accordingly, Controllers have opportunity to strategize the optimization of processes and controls, utilizing contemporary technologies, and align the organization to appropriately protect and enable the bank into the future.
In this session, KPMG will present entry criteria, execution and exit criteria in order to conduct and coordinate a meaningful parallel run program. We will share lessons learned and pitfalls from prior engagement fieldwork that resulted in substantial rework post adoption. This comprehensive session will provide tools that financial firms can utilize in order to prevent or detect infrastructure (e.g., process, system or data and personnel) risks. In addition, an overview of the financial impacts for mergers and acquisitions under pre and post CECL adoption scenario will be discussed.
During CECL implementation, many lessons have been learned. Find out how financial institutions have implemented CECL and explore the understanding gathered thus far. Topics include an update on progress made throughout the industry with regards to CECL implementation, overview of CECL implementation approaches and methodologies utilized by the industry, lessons learned from current CECL implementations, further considerations for the road to 2020 and beyond, and where we need to go from now.