PICPA Financial Institutions Conference

Pennsylvania Institute Of Certified Public Accountants

| My Account | About | Join |

Financial Institutions Conference

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

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

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

Speakers

Read Speaker Bios

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

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

Speaker

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

Speakers

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

Speakers

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

Speakers

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.

Lunch

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

Speakers

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?

Speaker

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

Speaker

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

Speaker

Glenn Richard James, CPA, JD
Partner, Tax Services | BDO USA LLP

5:00 p.m.

See You Next Year

Level:
Update

Prerequisites:
None