FASB’s New Credit Impairment Model: How to Get From Where You Are to Where You Need to Be (Financial

Faye E. Miller, CPA
Partner, National Professional Standards Group
RSM US LLP

Faye Miller is a partner in the National Professional Standards Group of RSM US LLP. She serves as a firmwide technical resource for complex accounting issues involving financial instruments, such as derivatives, hedging, alternative investments, other than temporary impairment, and liability versus equity treatment associated with complex equity and debt financing arrangements.

As a firmwide technical resource, Faye conducts training, follows recent developments, assists engagement teams and advises clients on these matters. Faye also is a frequent speaker and author on topics involving financial instruments including proposed or recently issued related accounting guidance.

Faye brings over 20 years of experience in banking and public accounting to RSM US LLP, including serving as Director of Corporate Finance for a bank with $7 billion in assets, serving as an audit partner on numerous SEC registrant engagements for a regional firm, and serving as both an audit and tax professional while with a large national accounting firm.

Faye is a frequent speaker on topics such as new accounting pronouncements, financial instruments and other matters impacting financial institutions. She is a Certified Public Accountant in the state of Maryland. She is a current member of the American Institute of Certified Public Accountants (AICPA), and a past member of the AICPA Accounting Standards Executive Committee. Faye received her Bachelor of Science from Pennsylvania State University, and her Master’s degree from Villanova University.

Received 4/2015

Jonathan Prejean
Managing Director, Deloitte Advisory
Accounting & Reporting Transformation
Banking & Securities

Jonathan has over 19 years of experience serving a variety of client types, primarily those in the financial services industry. Jonathan currently serves in Deloitte’s Accounting & Reporting Transformation (“A&RT”) practice. In addition to public accounting Jonathan participated in an accounting fellowship within the U.S. Treasury’s Office of Financial Stability, which oversaw the Trouble Asset Relief Program (TARP). Jonathan was also an examiner for the National Credit Union Administration (NCUA).

Jonathan provides advisory, accounting consultation, and audit support services relating to our clients’ capital markets transacting activities and related accounting, risk management and process/control issues. He has technical expertise in accounting for complex equity and debt transaction, derivatives, loans, securitization, mortgage servicing rights, structured finance, and consolidation. He follows standard setting activities related to FASB’s financial instruments projects and consolidation. Jonathan also co-leads the development of Deloitte solutions for the FASB’s current expected credit loss (CECL) model.