Financial Institutions Conference
Friday, May 29, 2020
8CREDITSAuditing, Economics, Specialized Knowledge, Taxes
Learn from the leaders in the financial institutions industry as they share a wealth of information to provide you with the latest developments and updates in this sector.
Regulators Insider Discussion (75-minutes = 1.5 Specialized Knowledge)
Michigan financial institutions can ready for a round-robin of insights, updates and dialogue from regulators on both the banking and credit union sides. Panelists share what is coming down the pipeline nationally, trending in the state and impacting reporting.
Leanne O’Brien – Assistant Director Office of Credit Unions, Michigan Department of Insurance & Financial Services, Lansing
Derek Rodriguez – Regional Supervisor, Office of Banking, Michigan Department of Insurance & Financial Services, Lansing
Robert O. Warren, CPA – Regional Accountant, FDIC Chicago Regional Office, Chicago
Stephen Wheatley – Team Leader, Michigan Community Bank, Federal Reserve Bank – Detroit Branch, Supervision & Regulation Department, Detroit
Moderator: Elizabeth N. Ziesmer, CPA – Partner, Rehmann, Grand Rapids
A&A with a Financial Institutions Twist (75-minutes = 1.5 auditing – technical)
From the varying adoption and implementation rates of new standards, to challenges for financial reporting teams, institutions have been facing numerous shifts in accounting & auditing. Take stock of the standards, the trends of implementation, roadblocks and more including revenue recognition, leases as well as ASU 2016-01 Accounting for Financial Instruments.
David F. Lawrence, CPA – Partner, Crowe LLP, Grand Rapids
The Internal Audit Checklist (NEW) (50 minutes = 1 auditing – technical)
With limited resources, the prioritization and scope of internal audits is a challenge for internal auditors and audit committee members of financial institutions. Look at best practices on risk assessment and governance to assert an appropriate level of oversight, expectation and input as we guide you from how the internal audit plan is developed, monitored and followed through, focusing on internal audit risk assessment linkage.
Joseph A. Zito, CPA, MBA – Shareholder, Doeren Mayhew, Troy
The Long Road: Economics & Outlooks (NEW) (50-minutes = 1 economics – technical)
Shifting policies, the likelihood of a downturn in the next several years, all combine to affect the strategic plans and risk profiles of financial institutions. Prepare for a new wave of transformative M&A activity and discover what other updates are in store for the industry.
Paul Traub, UM-D BBA, MBA – Business Economist, Federal Reserve Bank, Detroit
Future Risk Management: ALM & Liquidity (50-minutes = 1 specialized knowledge – technical)
Bank risk management will look drastically different in 2025, and the transition from managing today’s asset-liability / liquidity practices to the strategic approach of tomorrow can add to the bottom line, differentiate and more. Keeping the future in mind, what are the bank’s responsibilities in preparing ALM and liquidity data, and what measures are prudent to implement in today’s unique interest rate risk environment?
Charles McQueen – President, McQueen Financial Advisors, Clawson
Industry Trends Idea Exchange (NEW) (50-minutes = 1 specialized knowledge – technical)
Banks and credit unions are putting up record numbers for 2019 but what trending factors are giving organizations the edge amongst members and customers? What business processes are creating value and making the difference internally? We shift through today’s key trends both on the inside and outside of a company before looking at the marketplace, valuations and M&A activity.
Robin D. Hoag, CPA, CGMA, CMC – Shareholder, Doeren Mayhew, Troy
Tax Reform Year Two and Its Effects (NEW) (50-minutes = 1 taxes – technical)
We’re almost through the second year of the Tax Cuts and Jobs Act and how are those within financial institutions (or with clients in that market) faring? Unpack the expected and unanticipated implementation impacts from a federal and state perspective.
Lisa Newland, CPA, CFE – Principal, Rehmann, Jackson
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