This includes sessions from the conference: 2021 AICPA & CIMA Conference on Credit Unions
Providing Safe and Sound Financial Services to the Cannabis Industry (Oct 19, 2021 02:50 PM)
Cornucopia of Emerging Accounting and Auditing Issues (Oct 19, 2021 09:45 AM)
M&A Strategies in the Current Environment (Oct 20, 2021 09:40 AM)
Credit Union CFO Panel - Strategic Issues and What Keeps You up at Night (Oct 20, 2021 10:40 AM)
The Forces Shaping the Banking Industry (Oct 20, 2021 08:00 AM)
Auditing & Assurance Standards Update (Oct 19, 2021 12:00 PM)
Supervisory Committee Audit Guide 2.0 (Oct 20, 2021 09:40 AM)
Toolbox Tune-Up with Derivative Levers (Oct 19, 2021 03:55 PM)
Regulatory Compliance Update and Upcoming Changes (Oct 19, 2021 12:00 PM)
Automation Using Robots: A Credit Union’s Successful Use Case (Oct 19, 2021 09:45 AM)
Auditing Nightmares In the Current Environment (Oct 19, 2021 01:05 PM)
Embracing Diversity, Equity & Inclusion in the Workplace (Oct 18, 2021 01:30 PM)
Emerging from the Pandemic: What Does the “New Normal” Mean for Credit Unions? (Oct 18, 2021 04:15 PM)
Trends in Payments Fraud & Scams (Oct 19, 2021 03:55 PM)
Economic Outlook (Oct 18, 2021 12:00 PM)
Introducing the 2021 AICPA CECL Audit and Accounting Guide (Oct 19, 2021 02:50 PM)
NCUA Regulatory Update (Oct 19, 2021 08:00 AM)
Enhance Balance Sheet Management Through Scenario Planning (Oct 19, 2021 01:05 PM)
CECL Implications for Balance Sheet Management presented by Moody’s Analytics (Oct 20, 2021 07:00 AM)
NCUA Regulatory Update (Replay) (Oct 19, 2021 04:55 PM)
The Forces Shaping the Banking Industry (Replay) (Oct 20, 2021 12:05 PM)
For those who adopted CECL in 2020, it definitely was a challenge with the uncertain and dynamic environment. Given the delay from FASB and the pandemic, many credit unions likely hit the pause button on their CECL implementation efforts. There are certainly lessons learned from the 2020 adoption and key takeaways for 2023 adopters. Now that we have a look in the mirror on how CECL performs under severe economic conditions, how does that inform a credit union’s approach to CECL adoption? How are 2020 adopters adapting and maintaining their CECL adoption? Join this workshop for perspectives on implementation and audit approach.
Chief Economist Dr. Lindsey Piegza will look at the current state of the economy amid the ongoing pandemic and what it means going forward for overall growth, interest rates and monetary policy. She will cover macro-economic trends in consumer spending and investment, in addition to new monetary and fiscal policy initiatives and the potential economic effects of these changes. She will also examine the changing global and political environment, and how it will affect the economic recovery. Participants will leave this session able to advise management teams on the possible effect of economic issues on their organizations.
Please join us for an in-depth panel discussion with industry professionals committed to advancing diversity, equity, and inclusion (DEI). Whether your credit union has actively been working to create a diverse and inclusive environment for your employees and members, or are just embarking on its own efforts to more prominently promote DEI among your workforce, this session will offer information for all. Presenters will share experiences, best practices, and actions to assist you in your journey of advancing DEI.
Our members, employees and communities navigated an unprecedented environment in 2020. Consumer behaviors evolved as channel usage shifted. The workplace continues to change with remote work becoming the norm in many organizations. The economy is coming back but gaps have been revealed. What do these changes mean for credit unions and their priorities looking forward? How can credit unions capture opportunities at a time when new challenges are emerging?
Changing economic and risk landscapes require profitability analysis to be agile, precise, and aligned throughout the institution. Join Syntellis finance experts John Kim and Jeff Truitt to learn how to adapt your profitability analysis to these changing requirements.
Hear perspectives from Associate Director Viki Nahrwold, from the Office of Examination & Insurance, on credit union trends during the pandemic, upcoming changes to examination tools, what’s on the horizon for your credit union and gain valuable insight into the NCUA proposed and enacted regulations that occurred during 2021.
The last two years have changed how we do things whether we work at a credit union or are an auditor. The unique environment has created some interesting new accounting and auditing issues, while some of our old favorites have resurfaced. This session will provide examples of unique accounting matters that do not occur every day. Also covered will be the types of challenges and unique situations audit professionals have been faced with due to the current financial and economic environment.
Robotic process automation (RPA) is a software technology that makes it easy to build, deploy, and manage software robots that emulate human actions interacting with digital systems and software. Robotic process automation streamlines workflows, which makes organizations more profitable, flexible, and responsive. Learn from the leaders in the industry about RPA, and the Credit Union that has embraced robots to create efficiency, build capacity and ultimately improve member service.
This session will discuss recently issued standards for audits and attestation engagements. The discussion will also include the ASB's active agendas including ongoing efforts to modernize auditing and attestation standards, enhance ASB outreach to stakeholders regarding proposed standards and post-implementation reviews of issued standards. This session will feature a discussion of the current status of the ASB's projects to: revise the quality control standards, revise the risk assessment standard, make narrow revisions to auditor communications regarding NOCLAR, and converge efforts on group audits.
We will explore the myriad of ways the tone in Washington DC has changed and its impact on credit union regulatory compliance. However, just knowing the tone has changed does not adequately prepare you for the changes. In this session, we will dive into the implications of the regulatory agencies abruptly turning more towards consumer protection. We will discuss the potential changes to specific rules and regulations impacting credit unions. We will also cover areas examiners will be focusing on, the compliance implications from the pandemic, and hot button regulatory compliance requirements. Expect a fast-pace session touching on dozens of important regulatory issues.