Thumbnail for 2023 AICPA & CIMA Conference on Credit Unions

2023 AICPA & CIMA Conference on Credit Unions


The Credit Unions Conference provides superior technical and strategic managerial training and offers critical sessions on all the latest changes impacting credit unions.

Surround yourself with professionals that understand your journey:

  • Credit union leaders: C-suite, controllers, accounting managers, internal auditors, and board and supervisory committee members
  • CPAs who audit credit unions
  • Regulators seeking the latest developments

Our sessions and speakers will help you build a framework for decision-making and strategies for continued success.


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: 2023 AICPA & CIMA Conference on Credit Unions

Sessions Included:

Welcome | Keynote: Economic and Credit Union Industry Update; 2023 and Beyond (Oct 23, 2023 01:00 PM)

How FinTechs are Transforming the Financial Services Industry (Oct 25, 2023 08:00 AM)

Elevating Your Leadership is Urgent (Oct 23, 2023 05:00 PM)

Economic Outlook (Oct 24, 2023 08:00 AM)

Timeless Principles for Navigating Risk in Dynamic Markets (Oct 24, 2023 11:10 AM)

Stampede of Hot Accounting and Auditing Topics (Oct 24, 2023 11:10 AM)

Auditing CECL Key Considerations (Oct 24, 2023 01:30 PM)

The New Generation of Fraud in Credit Unions (Oct 24, 2023 01:30 PM)

Uncertainty on the Horizon: Balancing Loan Growth and Credit Quality (Oct 24, 2023 01:30 PM)

What's Going on in M&A? Know Before You Acquire (Oct 24, 2023 02:55 PM)

Hedging Strategies for a Challenging Environment (Oct 24, 2023 02:55 PM)

The Art of Remote Auditing (Oct 24, 2023 02:55 PM)

CECL Governance, Risks, Controls (Oct 24, 2023 04:15 PM)

Data Analytics - Best Practices and Use Cases (Oct 24, 2023 04:15 PM)

Stump the Chumps (Oct 24, 2023 04:15 PM)

How to Feel Good and Stay Positive, No Matter What (Oct 24, 2023 05:15 PM)

Exponential Risk and Credit Unions, presented by Moody's Analytics (Oct 25, 2023 07:00 AM)

Navigating the Future: Tech Trends in Credit Unions (Oct 23, 2023 04:00 PM)

Ensuring the Relevancy of Auditing Standards: An Update on ASB Activities (Oct 25, 2023 09:00 AM)

Controversies and Emerging Risks in Regulatory Compliance Today (Oct 25, 2023 09:00 AM)

CFO Panel (Oct 25, 2023 10:20 AM)

My Credit Union Journey - How I Got Here and Lessons Along the Way (Oct 25, 2023 11:45 AM)

$37900
Standard Price
  • Thumbnail for ALM & Liquidity Strategic Considerations & Business Intelligence Opportunities (On-Site Only, No additional fee)
    Identification
    CU23101
    Date
    October 23, 2023

    Finance teams are working frantically to provide reliable decision information, and fast. The strategic and financial stakes of big decisions continue to increase.

    During this hands-on workshop, participants will engage in thought-provoking discussions around real-life opportunities and challenges, including:

    • Why traditional KPIs may not work in this environment and how to help key stakeholders understand why it may be critical to have a mindset shift
    • Considerations for linking strategic liquidity and funding strategies with the desired type of membership growth, lending relationships, and pricing philosophy
    • How to visualize data you have now to make it easier for key stakeholders to grasp – enabling better and faster decision-making
    • Top-of-mind scenarios to consider over the short-, intermediate-, and long-term and how to engage other stakeholders

    Participants will also walk away with information, and visualization ideas and tools that can be put into action immediately.

    Objectives

    • Analyze how many external forces are unstoppable – appropriate and timely mindset shifts are necessary
    • Determine how making your communication with various key stakeholders easier to digest can be a competitive advantage
    • Identify how connecting decision-making on loan pricing and packaging, with deposit and funding strategies can provide strategic flexibility

    Speakers

    Speaker Image for Rob Johnson
    President/Principal, c. myers
    Speaker Image for Sean Zimmermann
    Senior Vice President, c. myers corporation
    $7897
    Standard Price
  • Thumbnail for Auditing CECL (On-Site Only, No additional fee)
    Identification
    CU23102
    Date
    October 23, 2023

    Following a second wave of the CECL adoption, credit union auditors need to establish an effective and efficient process to audit the CECL models that is fit for the size and complexity of the organization. This session will leverage what we’ve learned from auditing with the first wave of CECL adopters to guide participants in audit approach that fit in line with the CECL A&A guidance. We will walk through example CECL calculations of common approaches and discuss audit approaches via a workshop.

    Objectives

    • Analyze key risk areas relating to CECL for the audit
    • Determine ways to audit the quantitative and qualitative components of the CECL reserve
    • Identify what testing is typically performed over controls and/or data relating to the model
    • Calculate how benchmark data can be used in the auditing process

    Speakers

    Speaker Image for Kevin Brand
    Advisory Partner, Crowe LLP
    Speaker Image for Sarah Paxton
    Audit Senior Manager, Crowe LLP
    Speaker Image for Rick Anderson
    Audit Manager, Crowe LLP
    $7897
    Standard Price
  • Thumbnail for Welcome | Keynote: Economic and Credit Union Industry Update; 2023 and Beyond
    Identification
    CU2301
    Date
    October 23, 2023

    This session will review the past year, focusing on the impact of the many disruptors; Federal Reserve rate increases at a speed and level not seen, regulatory, auditor and accountants’ response and responsibility due to the banking turmoil, deposit wars in a new competitive environment, and a look at the rapidly changing consumer expectations and technology advancements needed to stay in the game. We will look at the challenges, as well as potential opportunities, facing credit unions in the future.

    Objectives

    • Identify the year’s economic and industry trends impacting credit unions
    • Recognize the changing landscape of competitors and the increased war on deposits
    • Identify risk management & regulatory changes auditors and accountants need to address
    • Indicate consumer expectation changes and fast-paced technology investment needed to support them

    Speaker

    Speaker Image for Anne Arvia
    Principal Strategic Transformation and Program Management, Cornerstone Advisors
    $4900
    Standard Price
  • Thumbnail for Navigating the Future: Tech Trends in Credit Unions
    Identification
    CU2303
    Date
    October 23, 2023

    In this engaging session with visionary author and Best Innovation Group CEO John Best will lead participants through a transformative exploration of the credit union landscape. With a focus on cutting-edge technologies, the session will cover the transformative potential of AI-driven enhancements, the revolutionary impact of blockchain on security and efficiency, the vital role of digital transformation in modernization, proactive strategies for cybersecurity amidst digital risks, and the empowering embrace of change to foster innovation. This session is a must-attend for credit union leaders, managers, and professionals seeking actionable insights to navigate and leverage the dynamic technological trends shaping the industry.

    Objectives

    • Identify key technological trends, including AI applications such as LLMS, blockchain's impact on security and transparency, the significance of digital transformation, and proactive cybersecurity measures.
    • Recognize strategic insights into the integration of emerging technologies within credit unions.
    • Determine their own credit union's current operations, assess opportunities for incorporating AI, blockchain, and other innovations, and outline actionable steps to enhance member experiences, operational efficiency, and cybersecurity measures while fostering a culture of innovation.

    Speaker

    Speaker Image for John Best
    CEO, Best Innovation Group
    $4900
    Standard Price
  • Thumbnail for Elevating Your Leadership is Urgent
    Identification
    CU2304
    Date
    October 23, 2023

    Finance leaders need to complete their transitions from being doers to thinking and acting strategically. The sense of urgency has increased exponentially. Their members, team members, and communities are relying on them to help guide them through unyielding uncertainty while continuing to be highly competitive.

    Although many wish for a pause button – it does not exist. Falling behind strategically comes at a much higher cost today.

    During this session, we will share keys to success that financial leaders can put into action.

    Objectives

    • Identify effective leadership practices that can help finance leaders thrive in an environment of constant change and competition
    • Determine the importance of practicing critical thinking in the context of strategic decision-making as the environment continues to change
    • Analyze how the 1% mindset can be highly effective

    Speaker

    Speaker Image for Rob Johnson
    President/Principal, c. myers
    $4900
    Standard Price
  • Thumbnail for Economic Outlook
    Identification
    CU2305
    Date
    October 24, 2023

    Dr. Eyler provides a forecast of the US economy, with headwinds and tailwinds, starting with global issues down through how some states may be more affected than others by recent changes in interest rates and labor markets toward 2025 and beyond. With another president election coming in 2024 and geopolitical issues across the world, there are fiscal, economic and social costs and benefits yet to unfold. How will current forecasts change and in what ways? How will interest rates evolve given the latest data and forecasts and also different political and economic settings? How will credit unions and their members changes as a result, and what are credit unions facing as challenges and opportunities? Dr. Eyler shares his insights on labor markets, lending conditions and broader challenges and opportunities toward the next decade.

    Objectives

    • Determine headwinds and tailwinds coming in the US and Global Economy
    • Identify short- and long-term issues for labor, housing and financial markets as well as demographic change for the US economy.

    Speaker

    Speaker Image for Robert Eyler
    Professor of Economics, Sonoma State University
    $4900
    Standard Price
  • Thumbnail for Timeless Principles for Navigating Risk in Dynamic Markets
    Identification
    CU2307
    Date
    October 24, 2023

    A historic Fed tightening cycle contributed to multiple bank failures in 2023 and shined a light on poor risk management practices. With significant rate movements happening in a short period of time, depositories everywhere have experienced shifts in their interest rate risk exposure and balance sheet dynamics. In this session, we will review recent events and focus on timeless balance sheet management fundamentals, including understanding hedging and funding strategies.

    Objectives

    • Use key risk management practices for financial institutions
    • Determine hedging strategies for risk management
    • Identify hedging strategies for risk management

    Speakers

    Speaker Image for Jason Haley
    Chief Investment Officer, ALM First Financial Advisors
    Speaker Image for Robert Perry
    Principal, ALM & Investment Strategy, ALM First Financial Advisors
    $4900
    Standard Price
  • Thumbnail for Stampede of Hot Accounting and Auditing Topics
    Identification
    CU2308
    Date
    October 24, 2023

    Has your credit union or auditee delved into new programs that may provide accounting challenges to your staff or auditors. Such areas may include: purchased financial assets, leases, deferred compensation plans, ECIP, Grants and Single Audits, and more. With these new programs there may be certain accounting and reporting that can be missed. In today's session we will cover some of these more complex accounting areas and explore ways to ensure proper accounting and reporting is performed.

    Objectives

    • Identify challenges with current accounting and reporting.
    • Analyze ways to properly account for these matters.
    • Determine solutions to enhance efficiencies in audit and accounting.

    Speakers

    Speaker Image for Bryan Mogensen
    Principal, Financial Services Group, CLA
    Speaker Image for Jason Naber
    Partner, Crowe LLP
    $4900
    Standard Price
  • Thumbnail for Auditing CECL Key Considerations
    Identification
    CU2309
    Date
    October 24, 2023

    This session is a higher level, presentation only version of the Auditing CECL Workshop. Following a second wave of the CECL adoption, credit union auditors need to establish an effective and efficient process to audit the CECL models that is fit for the size and complexity of the organization. This session will leverage what we’ve learned from auditing with the first wave of CECL adopters to guide participants in audit approach that fit in line with the CECL A&A guidance. We will walk through example CECL calculations of common approaches and discuss audit approaches.

    Objectives

    • Determine key risk areas relating to CECL for the audit
    • Use ways to audit the quantitative and qualitative components of the CECL reserve.
    • Analyze what testing is typically performed over controls and/or data relating to the model
    • Identify how benchmark data can be used in the auditing process

    Speakers

    Speaker Image for Kevin Brand
    Advisory Partner, Crowe LLP
    Speaker Image for Sarah Paxton
    Audit Senior Manager, Crowe LLP
    $4900
    Standard Price
  • Thumbnail for The New Generation of Fraud in Credit Unions
    Identification
    CU2310
    Date
    October 24, 2023

    This session will go through what Financial Institutions are battling when it comes to fraud. The pandemic raised a new generation of fraudsters and fraud in todays world is at an all-time high. Fraud is being talked about from the Oval Office all the way down to the front level staff of your business. Come learn about all the different things fraudsters are doing to exploit your customers and your business. 

    Objectives

    • Determine why there is a large increase in fraud happening throughout the US and world.
    • Identify new fraud threat vectors that are using new technology to enhance their ability to fool systems.
    • Analyze things to watch for as you onboard new customers, accounts and transactions to mitigate as much fraud loss as possible.

    Speaker

    Speaker Image for Rene Perez
    Director of Financial Crimes Sales and Financial Crimes Consultant, Jack Henry & Associates
    $4900
    Standard Price
  • Thumbnail for Uncertainty on the Horizon: Balancing Loan Growth and Credit Quality
    Identification
    CU2311
    Date
    October 24, 2023

    Financial institutions are resilient organizations and regularly faced with a cycle of challenges. We will dig into the balance between loan growth and credit quality in an environment marked by economic uncertainty, changing market dynamics, and evolving regulatory frameworks. Ensuring lenders are prepared to navigate these complexities to ensure sustainable growth and minimize potential risks is critical. We will explore the key factors that contribute to the uncertainty on the horizon, such as fluctuating interest rates, shifting borrower profiles, and broader economic indicators.

    Objectives

    • Analyze factors impacting credit quality
    • Select best practices for balancing growth and quality

    Speakers

    Speaker Image for Susan Sabo
    Managing Principal - Financial Services, CLA
    Speaker Image for Dean Rohne
    Principal, CliftonLarsonAllen LLP
    $4900
    Standard Price
  • Thumbnail for What's Going on in M&A? Know Before You Acquire
    Identification
    CU2312
    Date
    October 24, 2023

    Changes in business operations as a result of the pandemic, talent shortages, rising interest rates, and a liquidity crunch has created new challenges for credit unions. These circumstances have also provided opportunities for credit union partnerships and mergers. This session will include a panel of experts who have assisted credit unions successfully navigate the strategic merger process. Topics will include current trends in credit unions and bank acquisitions, member value proposition, common pitfalls and keys to success.

    Objectives

    • Analyze current trends in credit unions and bank acquisitions
    • Determine common pitfalls and keys to success

    Speakers

    Speaker Image for David Milkes
    David Milkes, CFA, CPA
    Director of M&A and Strategic Advisory, Doeren Mayhew
    Speaker Image for Jeff Cardone
    Partner, Luse Gorman, PC

    Moderator

    Speaker Image for Bob Parks
    Shareholder, Doeren Mayhew
    $4900
    Standard Price
  • Thumbnail for Hedging Strategies for a Challenging Environment
    Identification
    CU2313
    Date
    October 24, 2023

    Regulatory and accounting rule changes have made it easier than ever for institutions of all sizes to implement hedging strategies, and for many, the environment is right to do so. In this session, we will explore how to set policies and procedures in place to be able to use derivatives, then look to real world examples of how institutions have recently been using hedging strategies to reduce interest rate risk, lower cost of funds, and achieve broader strategic objectives.

    Objectives

    • Compare lessons for achieving board support of a hedging program through key messaging and education, critical foundations of policy development, and internal team setup to handle processes of the hedging platform.
    • Select several important strategies for hedging both net interest income and net economic value variability across a range of scenarios, with practical considerations for the hedge relationships constructed to house those derivative strategies.

    Speaker

    Speaker Image for Ryan Henley
    Managing Director, Head of Financial Institutions Strategies, Stifel
    $4900
    Standard Price
  • Thumbnail for The Art of Remote Auditing
    Identification
    CU2314
    Date
    October 24, 2023

    Times have changed and remote auditing has become increasingly popular. Join us for a discussion on applying auditing standards to real-life examples of remote auditing.  Explore ways to overcome the challenges of remote auditing and conduct efficient engagements for your clients.

    Objectives

    • Recognize the differences between conducting a traditional audit and a remote audit.
    • Identify engagement-wide considerations under a remote audit, risk assessment, fraud, and documentation.
    • Select use of technology to assist in remote auditing.
    • Identify the advantages and disadvantages of remote auditing and the challenges of remote auditing and using a hybrid audit approach.

    Speakers

    Speaker Image for Chris Vallez
    Partner, Nearman,Maynard,Vallez CPAs
    Speaker Image for Bryan Mogensen
    Principal, Financial Services Group, CLA
    $4900
    Standard Price
  • Thumbnail for CECL Governance, Risks, Controls
    Identification
    CU2315
    Date
    October 24, 2023

    Compliance with the new CECL rules is crucial for financial institutions, and failure to comply can result in earnings and capital mismanagement, audit and regulatory risk, and reputational damage. To ensure compliance, institutions need to develop a comprehensive CECL policy and maintain robust governance and control frameworks.

    Objectives

    • Analyze an in-depth overview of the governance framework for CECL
    • Identify the significant risks related to CECL control structures
    • Calculate audit risks and day 2 concerns

    Moderator

    Speaker Image for Brett Stubbs
    Chief Financial Officer, Kinecta

    Speakers

    Speaker Image for Timothy Jensen
    Chief Financial Officer, Logix Federal Credit Union
    Speaker Image for Brian Hershfield
    CFO, Nuvision Federal Credit Union
    Speaker Image for Allyson Hill
    Executive Vice President, CFO, Golden 1 Credit Union
    $4900
    Standard Price

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