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:
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.
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)
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:
Participants will also walk away with information, and visualization ideas and tools that can be put into action immediately.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
This site uses cookies to store information on your computer. Some are essential to make our site work, others help us improve, the user experience. By using the site, you consent to the placement of these cookies. Visit our Privacy Center to learn more.