Thumbnail for Conference on Credit Unions 2018

Conference on Credit Unions 2018


The FASB has issued several final standards over the past few years, including credit losses, revenue recognition and leases, with effective dates over the next three years for most credit unions. The recent changes in NCUA business lending regulations have opened up additional opportunities for credit unions. In this time of change and uncertainty, it is essential that you align your decisions to move forward. Gain unwavering confidence for each step of the decision-making process at the only conference that brings together such a wide array of industry experts.


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: Conference on Credit Unions 2018

Sessions Included:

Welcome & Introduction & The Future of Financial Services (Oct 22, 2018 12:00 PM)

Accounting/FASB for Credit Unions, Part 1 (Oct 22, 2018 01:05 PM)

Accounting/FASB for Credit Unions, Part 2 (Oct 22, 2018 02:50 PM)

NCUA Regulatory Update (Oct 22, 2018 03:20 PM)

Announcements and Introduction & Economic Update (Oct 23, 2018 06:55 AM)

Artificial Intelligence (Oct 23, 2018 08:20 AM)

Revenue Recognition for Credit Unions (Oct 23, 2018 10:05 AM)

Hot Topics in Regulatory Compliance (Oct 23, 2018 10:05 AM)

Anti-Fraud Strategies for Credit Unions (Oct 23, 2018 10:05 AM)

Round 2: "They Asked What?" (Oct 23, 2018 12:10 PM)

Hedging: Observations from Adoption (Oct 23, 2018 01:35 PM)

Increasing Bottom Line by Renegotiating Contracts (Oct 23, 2018 01:35 PM)

The Art of Auditing (Oct 23, 2018 01:35 PM)

CECL (Oct 23, 2018 03:20 PM)

Relationship Profitability: The Holy Grail (Oct 24, 2018 06:00 AM)

Announcements and Introduction & Block Chain (Oct 24, 2018 06:55 AM)

Credit Union Commercial Lending - New Freedoms, New Challenges…Now What? (Oct 24, 2018 08:45 AM)

Managing Interest Rate Risk in the Current Environment (Oct 24, 2018 08:45 AM)

Auditing Standards Update (Oct 24, 2018 08:45 AM)

Accounting and Financial Considerations for Mortgage Banking Operations (Oct 24, 2018 10:10 AM)

NCUA Cybersecurity (Oct 24, 2018 10:10 AM)

Expected Output from an Enterprise Risk Management Process (Oct 24, 2018 10:10 AM)

$37900
Standard Price
  • Thumbnail for CECL - Journey on the Road to Implementation
    Identification
    CU18101
    Date
    October 22, 2018

    The last few years have been spent talking about CECL and showing different models and calculations. Now is the time to think beyond the calculation and focus on the big question not being talked about enough - "What is the impact of CECL on our business model?"

    Participants will be better equipped to consider strategic implications, reduce pitfalls, make the most of opportunities, and implement CECL in a meaningful way.

    Key Takeaways:

    • How could CECL impact business models and strategic decisions going forward?
    • What roadmap are other credit unions following?
    • What factors should be considered in forecasts and how much forecasting is enough?

    Speakers

    Speaker Image for Rob Johnson
    President/Principal, c. myers
    Speaker Image for Julie Renderos
    Julie Renderos, CPA, CCUE, CUDE
    EVP/CFO, Suncoast Credit Union
    $7900
    Standard Price
  • Thumbnail for Hedging & Managing Interest Rate Risk
    Identification
    CU18102
    Date
    October 22, 2018

    This workshop is not available as part of the Online or Flex Pass registration options. Bankers have been faced with managing interest rate risk for years and there are many tried and true strategies that have been used successfully. In this session the speakers will outline the bankers checklist for managing successful hedging programs. Having complete data, strong cash flow models, robust analytics and a defined accounting methodology are key to success.

    • 1. Defining, managing and understanding complete and sufficient data
    • 2. How cash flow models work and identifying good ones from the rest
    • 3. Trading level analytics and robust modeling for simple to complex assets
    • 4. Exploring new accounting guidelines and how to apply them

    Speakers

    Speaker Image for Robert Perry
    Principal, ALM & Investment Strategy, ALM First Financial Advisors
    Speaker Image for Christopher Moore
    Partner, Crowe LLP
    $7900
    Standard Price
  • Thumbnail for Welcome & Introduction & The Future of Financial Services
    Identification
    CU1801
    Date
    October 22, 2018

    Navigating the changing landscape of financial services technology and implications for industry participants

    • Explore the impact of industry changes at the intersection of innovation, policy changes and a positive economic environment on financial institutions
    • Identify critical business areas financial institutions should consider in response to advances in technology and rising consumer expectations

    Speaker

    Speaker Image for Jeff Yabuki
    President & CEO, Fiserv
    $4900
    Standard Price
  • Thumbnail for Accounting/FASB for Credit Unions, Part 1
    Identification
    CU1802
    Date
    October 22, 2018
    FASB has issued several final standards over the past few years, including credit losses, recognition revenue and leases, with effective dates beginning in 2019 for most credit unions. This two-part session will help you understand what standards have been issued applicable to credit unions, what proposed standards are forthcoming and the latest thinking from FASB. We will also cover developments from the FASB’s Credit Losses Transition Resource Group (TRG) and discussions held by the AICPA’s Depository Institutions Expert Panel (DIEP) on the FASB’s Current Expected Credit Loss (CECL) model. Join this comprehensive update of the key pronouncements, projects and other developments at FASB and practice matters of interest to credit unions.
    • 1) Learn about latest developments on accounting and financial reporting for credit unions and their auditors, including FASB’s major standards, standards in process and other developments.
    • 2) Understand the latest CECL implementation issues, including discussions at the FASB’s Transition Resource Group (TRG) and the AICPA Depository Institutions Expert Panel (DIEP).

    Speakers

    Speaker Image for Sydney Garmong
    Partner, National Office, Crowe LLP
    Speaker Image for Jeffrey Mechanick
    Senior Project Advisor, Financial Accounting Standards Board
    $4900
    Standard Price
  • Thumbnail for Accounting/FASB for Credit Unions, Part 2
    Identification
    CU1803
    Date
    October 22, 2018

    The discussion will continue in Part 2 of the Accounting and FASB Update.

    Join us to have your questions answered in the second session.

    • 1) Learn about latest developments on accounting and financial reporting for credit unions and their auditors, including FASB’s major standards, standards in process and other developments.
    • 2) Understand the latest CECL implementation issues, including discussions at the FASB’s Transition Resource Group (TRG) and the AICPA Depository Institutions Expert Panel (DIEP)

    Speakers

    Speaker Image for Sydney Garmong
    Partner, National Office, Crowe LLP
    Speaker Image for Jeffrey Mechanick
    Senior Project Advisor, Financial Accounting Standards Board
    $4900
    Standard Price
  • Thumbnail for NCUA Regulatory Update
    Identification
    CU1804
    Date
    October 22, 2018
    Learn about the changes occurring at NCUA and what effect these changes may mean for your credit union. Gain insight into the changing regulatory landscape that drives industry performance and business practice. Session objectives include:
    • Gain a working knowledge of the current and proposed regulations affecting the credit union industry
    • Learn about the current and emerging risks driving NCUA’s primary and planned focus from a prudential and risk management perspective
    • Gain insight and understanding of the changing credit union and financial services landscape, which will shape supervisory strategies in the near term and intermediate outlook

    Speaker

    Speaker Image for Timothy Segerson
    Deputy Director-Office of Examination and Insurance, National Credit Union Administration
    $4900
    Standard Price
  • Thumbnail for Announcements and Introduction & Economic Update
    Identification
    CU1805
    Date
    October 23, 2018
    Chief Economist Dr. Lindsey Piegza will look at the pace of our economic recovery and what it means going forward for overall growth, interest rates and monetary policy. She will cover macro-economic trends in consumer behaviors and in the manufacturing sector, in addition to new Federal Reserve policy initiatives and potential economic effects of these changes. She will also examine economic growth in the U.S. as a whole and its effects on interest rates.

    • Macro-economic trends including the health of the consumer, and manufacturing sector
    • Fed policy effects and initiatives
    • U.S. growth and rate outlook

    Speaker

    Speaker Image for Lindsey Piegza
    Managing Director, Chief Economist, Stifel, Nicolaus & Company, Incorporated
    $4900
    Standard Price
  • Thumbnail for Artificial Intelligence
    Identification
    CU1806
    Date
    October 23, 2018

    The concept of Artificial Intelligence (AI) has been around for years and progressive organizations have invested heavily in AI. Organizations are using AI to automate processes, better respond to customer needs, and manage risk by detecting patterns in massive sets of data and interpreting their meaning. This session will define AI, and provide practical examples of opportunities for credit unions and audit professionals to better identify and manage risks.

    Learning objectives include:

    • Understanding what Artificial Intelligence is and how it is being used.
    • Learn opportunities for credit unions to manage risk through the use of AI.
    • Learn how auditors can utilize AI to improve audit scope and coverage while being more efficient.

    Speakers

    Speaker Image for Robin Hoag
    Robin D. Hoag, CPA, CGMA, CMC
    Shareholder, Doeren Mayhew
    Speaker Image for John Craig
    Director, Solutions Delivery, MindBridge Analytics, Inc.
    $4900
    Standard Price
  • Thumbnail for Revenue Recognition for Credit Unions
    Identification
    CU1807
    Date
    October 23, 2018

    The effective date for FASB’s revenue recognition standard is just around the corner and most credit unions will be adopting at the beginning of 2019. The ASU puts in place a common framework for recognizing revenue, largely replacing the industry-specific revenue recognition guidance in GAAP. While the income statement impacted has not been significant for most financial institutions, the revenue streams still need to be evaluated and documented. In addition to sharing observations on the implementation, this session will cover the new disclosures and internal control considerations.

    • The learning objectives include understanding how to evaluate revenue under the new standard as well as walking through examples and disclosures that are relevant to the credit union industry.

    Speakers

    Speaker Image for Leslie Yates
    Senior Manager, Crowe LLP
    Speaker Image for Mark  Demos
    Partner, Crowe LLP
    $4900
    Standard Price
  • Thumbnail for Hot Topics in Regulatory Compliance
    Identification
    CU1808
    Date
    October 23, 2018
    During this session we will cover several important regulatory compliance requirements currently being focused on by examiners and third party plaintiff attorneys. We will pay particular attention to CDD, HMDA, fair lending, UDAAP, compliance management and other areas which have been the subject of enforcement actions.
    • Learn how the HMDA changes will impact your fair lending program
    • Have a clearer understanding about how the compliance function is impacted by the current presidential administration

    Speaker

    Speaker Image for John Zasada
    John Zasada, JD, CAMS
    Shareholder, DoerenMayhew
    $4900
    Standard Price
  • Thumbnail for Anti-Fraud Strategies for Credit Unions
    Identification
    CU1809
    Date
    October 23, 2018
    When insider fraud occurs in a credit union, it negatively affects that institution, the credit union industry, and the Share Insurance Fund. This session outlines specific practices that credit union officials and management can use to help deter, detect, and respond to insider fraud.
    • The participant will learn at least two practices that will help deter fraud
    • The participant will be able to identify at least two ways to respond to fraud.

    Speaker

    Speaker Image for Daniel Moulton
    Shareholder, Doeren Mayhew
    $4900
    Standard Price
  • Thumbnail for Round 2: "They Asked What?"
    Identification
    CU1812
    Date
    October 23, 2018
    This session will address answers to a wide array of credit union questions regarding unusual and/or infrequent accounting transactions. It will also cover some "best practice" ideas developed for complying with complex or time-consuming accounting tasks.
    • Become familiar with the proper accounting treatment for several unusual/and or infrequent accounting transactions.
    • Learn a few "best practice" ideas for making certain accounting tasks more efficient.

    Speaker

    Speaker Image for Douglas Orth
    Shareholder, Doeren Mayhew
    $4900
    Standard Price
  • Thumbnail for Hedging: Observations from Adoption
    Identification
    CU1813
    Date
    October 23, 2018
    With years of interest rate risk management history there are many examples of successful and unsuccessful strategy implementation and results. In this session the speakers will review the “lessons learned from the trenches”.
    • 1. Successful hedging and interest rate risk management programs
    • 2. Unsuccessful hedging and interest rate risk management programs
    • 3. Putting it all together

    Speakers

    Speaker Image for Robert Perry
    Principal, ALM & Investment Strategy, ALM First Financial Advisors
    Speaker Image for Christopher Moore
    Partner, Crowe LLP
    $4900
    Standard Price
  • Thumbnail for Increasing Bottom Line by Renegotiating Contracts
    Identification
    CU1814
    Date
    October 23, 2018
    Gain insight into increasing the bottom line in future negotiations. We will dive into the details and answer the following questions.

    How to drive eye-popping results in an opaque market?

    What are the best practices to establishing contract negotiation priorities?

    This is not just a vendor management exercise - how does methodology set an institution up for successful negotiations?

    How do we separate the heavy hitter contract negotiations from the procurement exercises? Let’s explore the art of delegation.
    • Obtain contract negotiation best practices
    • Identification of how to establish contract negotiation priorities
    • Understand which contracts can be delegated and which should not

    Speakers

    Speaker Image for Ryan Rackley
    Senior Director, Cornerstone Advisors, Inc
    Speaker Image for Todd Ringwood
    Regional Managing Director - SVP, Aon
    $4900
    Standard Price
  • Thumbnail for The Art of Auditing
    Identification
    CU1815
    Date
    October 23, 2018

    Auditing is an art. Generally Accepted Auditing Standards (GAAS) sets the standards under which we perform an audit but, complying with those standards can be an art unto itself. Come join us to discuss real life experiences in auditing with two experienced credit union auditors. Discussion points include thoughts on enhancing audit efficiencies while maintaining audit quality and addressing common audit procedures and auditing issues that are more complex. This session is designed to discuss various ways to help practitioners enhance their audit quality, audit efficiencies, and best practices by discussing real life examples from credit union land.

    • Discover ways to enhance audit effectiveness
    • Best practices in credit union auditing
    • See how others audit those pesky audit areas

    Speakers

    Speaker Image for Chris Vallez
    Partner, Nearman,Maynard,Vallez CPAs
    Speaker Image for Bryan Mogensen
    Principal, Financial Services Group, CLA
    $4900
    Standard Price

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.