Financial Institutions Conference

Sept. 25
8:45 a.m. - 5:00 p.m.

Best Western Premier the Central Hotel & Conference Center
Harrisburg - Map It

CPE Credits
3-A&A; 1-Tax; 4-Other

PICPA Member: $299    |     Nonmember: $399
CLE Credit Add-On: $50         

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Additional Registration Option:
Sept. 25 | Webcast

Conference Agenda

8:15 a.m.
Breakfast and Check-in
8:45 a.m.
Greetings from PICPA Leadership and the Financial Institutions Conference Planning Committee Chair 
9:00 a.m.
Utilizing Management Information to Make Informed Decisions
  • Emerging trends
  • The banking industry paradigm
  • Key profitability and performance metrics
  • Performance measurement trends and statistics
Robert E. Kafafian
President & CEO | The Kafafian Group Inc.
9:50 a.m.
Investment Portfolio – What Works and What Doesn’t
  • Agency debentures: A case against callables and the benefits of developing a laddered bullet portfolio
  • Mortgage backed securities: Paying attention to the underlying loan metrics to promote smooth and consistent cash flow
  • Collateralized mortgages obligations: Common CMO structures created to meet popular client inquiries, but with hidden extension risk
  • Creating a high performing bond portfolio with consistent and predicable cash flow
Kelly Myers, CPA
Senior Vice President | Vining Sparks
Randy Woodward
Managing Director, Fixed Income Capital Markets | Raymond James Inc.
10:40 a.m.
Take a Breather
10:55 a.m.
The Impact on Financial Institutions from FASB's Targeted Improvements to Accounting for Hedging Activities
  • How recently issued FASB ASUs will significantly change the current accounting guidance for derivatives and hedging activities
  • Impact of the proposed changes to the accounting and reporting for common hedging strategies utilized by financial institutions.
  • Insight on implementation strategies that will become easier to account for as a result of the changes, including hedging Prime indexed loans, pools of fixed rate assets, and callable debt
Todd Cuppia
Managing Director, Balance Sheet Strategy | Chatham Financial
Eri Panoti, CPA
Director, Financial Institutions Accounting Advisory | Chatham Financial
11:45 a.m.
Regulatory Panel
  • Hot-button issues directly from key regulatory representatives
  • Dodd-Frank reform
  • Learn about recent regulatory reporting and supervisory policy developments from the banking agencies
  • Regulatory resources available to assist with assessing and addressing risk exposure
  • Agency perspectives on the implementation of accounting standards
Moderator: Barbara L. Stofflet, CPA
Inspections Leader | Public Company Accounting Oversight Board
Panelist: Eric K. Bowman
Supervisory Examiner | FDIC

Panelist: Robert J. De Tullio, CPA, CBA
Accounting Policy Advisor & NED Team Lead – Office of the Chief Accountant | Office of the Comptroller of the Currency
Panelist: Christopher J. Hahne
Manager – Risk Analytics and Surveillance Unit, Supervision, Regulation & Credit Department | Federal Reserve Bank of Philadelphia
12:35 p.m.
1:25 p.m.
CECL Implementation Strategies Panel
  • Update on the progression toward the implementation of the requirements of the ASU, Financial Instruments - Credit Losses (Subtopic 825-15)
  • Utilizing third party or in-house modeling
  • Identification of availability of required data elements
  • Identified challenges to date
  • Involvement of senior management and audit committee
  • Consideration of when SAB 74 disclosures will be expanded for public companies
Moderator: Barry M. Pelagatti, CPA
Partner and Leader, Financial Services Industry Group | RKL LLP
Panelist: Ted Ahn
Principal | CRF Advisors Inc.

Panelist: Lauren Smith, CPA
Director, Accounting Policy & Research | SS&C Primatics
Panelist: Alan Bedner
CFO | Unity Bank
2:15 p.m.
Ransomware and the Aftermath
  • Awareness training
  • Backup and recovery controls
  • Common behaviors and trends
  • Personal information security
  • What is ransomware and why do attackers use it?
Back by Popular Demand - Sudhir Kondisetty, CISSP, CISA, QSA
Risk Advisory Consulting Principal | RSM US LLP
3:05 p.m.
Snacks and Chats
3:20 p.m.
A&A Update
  • The latest accounting and auditing changes and how they affect financial institutions
  • Coverage of the new accounting standards on revenue recognition and leases
Oksana K. Sweeney, CPA
Senior Manager | Deloitte LLP
4:10 p.m.
The Essential Financial Institution Multistate Tax Briefing
  • Executive summary of developments relevant to all financial institutions with operations in Pennsylvania and contiguous jurisdictions
  • Industry news out of Harrisburg, Trenton, Albany, and Annapolis
Glenn Richard James, CPA, JD
Partner, Tax Services | BDO USA LLP
5:00 p.m.
See You Next Year