PICPA Financial Institutions Conference - Banks and Credit Unions

Financial Institutions

2021 conference webcast

Sept. 23, 2021
CPE Credits: 4-A&A; 1-Tax; 3-Other

Practitioners with financial institution clients as well as those working in banks and savings institutions can get industry, regulatory, and tax updates at the 2021 Financial Institutions Conference. 


  • Macroeconomic Update
  • Regulatory Panel
  • How to Attract and Retain Diverse Clients
  • Pennsylvania Banking Update
  • 2021 CECL Update
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Featured Speakers

Session - Emerging Risks and Internal Controls

Burke, Jennifer

Jennifer Burke
Partner | Crowe LLP

Jennifer Burke has more than 30 years of experience in the risk management and internal audit industry, including more than 24 years with Crowe LLP in the financial services industry. Jennifer has worked with numerous public company clients, and prior to joining Crowe she served as general auditor for a public financial institution for four years. She is a nationally recognized speaker and author on financial services, internal audit, and risk topics. 

Schacter, Stacia

Stacia Schacter, CFE
Manager | Crowe LLP

Stacia Schacter is a manager in the business risk consulting practice at Crowe LLP. Stacia has provided risk-based consulting services to financial service organizations ranging in size from community retail banks to multibillion dollar multinational financial services clients, including foreign-owned agencies.

Stacia has a background in financial statement evaluation of public and nonpublic clients with industry expertise in loan loss allowance evaluation, asset and liability management and interest rate risk, enterprise risk management, loan performance review, trade finance, foreign-owned banking, Sarbanes-Oxley and the COSO internal control assessment.

2021 Agenda

7:45 a.m.
Greetings from PICPA Leadership

8:00 a.m.

Macroeconomic Update 1-Other

  • Soaring money supply growth does not necessarily point to higher inflation
  • Current, transitory inflation is being led by supply disruptions not simply increasing demand
  • Demographics is more significant to growth and inflation than money supply
  • Traditional Asset Allocation will be disappointing
Polley, Malcolm

Malcolm Polley, CFA
President and Chief Investment Officer
Stewart Capital Advisors LLC

8:50 a.m.

The Future of Pa. Banking as I See It 1-Other

  • Looking to the future and any lasting changes brought on by the pandemic
  • The return of valuations
  • Bridging the disconnect between bank strategy and bank activity
  • How banks are building a sustainable future
Marsico, Jeff

Jeff Marsico
Executive Vice President
The Kafafian Group Inc.

9:40 a.m.
Morning Break

9:55 a.m.

A&A Update 1-A&A

Description: TBA


Oksana Sweeney, CPA
Assurance Audit Partner

10:45 a.m.

CECL: Lessons Learned and M&A Requirements 1-A&A

  • Best practices and observations from a corporate governance perspective
  • Economic update to support environmental and forecast factors
  • M&A accounting requirements over CECL
  • Overview of the disclosure requirements

John Huyette


Chuck Kronmiller, CPA
Assurance Manager

Clarkson, Michele

Michele Clarkson, CPA
Senior Director

11:35 a.m.

12:25 p.m.

Banking Regulatory Updates 1-A&A

  • Top risks in the industry
  • Exam and remote exams observations: internal audit and best practices and misses
  • CECL compliance for community banks and the SCALE model
  • Strategic planning in the current environment  
  • Brokered deposit and interest rate restriction regulation changes

Tom Angstadt
Assistant Deputy Comptroller
Office of the Comptroller of the Currency


Eric Bowman
Supervisory Examiner


Richard Vague
Secretary, Banking and Securities
Pennsylvania Department of Banking

Ian McDowell, CPA

Ian McDowell, CPA
Senior Vice President
SR Snodgrass PC

1:15 p.m.

Tax Update 1-Tax

  • Recent tax legislation and impact on financial institutions – including the Consolidated Appropriations Act, 2021, and the American Rescue Plan Act of 2021
  • Future outlook for taxes – possible impact on financial institutions
  • The carryback and amended tax return opportunities provided by the CARES Act
  • Update on PPP loan issues
Charles Marston

Charles Marston, CPA, MST
President and Director of Tax Group
SR Snodgrass PC

2:05 p.m.
Afternoon Break

2:20 p.m.

How to Attract and Retain Diverse Clients 1-Other

  • Ensuring that your products and services are accessible to all your target consumers
  • Key strategies to reach out to diverse clients and meet their needs to increase profitability
Layne-Gartside, Sonia

Sonia Layne-Gartside
Global DEI Consultant

3:10 p.m.

Emerging Risks and Internal Controls 1-A&A

  • Emerging risks facing financial institutions
  • Development of risk assessments
  • Risk and control relationship
  • Emerging risks in your internal control environment 
Burke, Jennifer

Jennifer Burke
Crowe LLP

Schacter, Stacia

Stacia Schacter, CFE
Crowe LLP

4:00 p.m.
See you next year!


CPECredits: 4-A&A, 3-Other, 1-Tax

Level:  Update
Prerequisites: None


PICPA Member: $345
Nonmember: $445

ClassPass: 8 hours
CLE Credits Fee: $50

CLE Credits and Fees: This course has been submitted for 6.5-Substantive CLE credits. Attorneys requesting CLE credits must include an additional $50.