Financial Services Group Quarterly Accounting and Reporting Update

Stay informed on the latest news affecting the financial services industry with our Quarterly Accounting and Reporting Updates. This quarter, our Financial Services team will address CECL updates and refinements, including changes for purchased financial assets, discuss hedge accounting, and provide an update on the regulatory environment.

Plan to join us on Thursday, June 26, and submit your questions ahead of time by including them in your registration.

Moderator: Lauren Nilan, Audit Principal, Financial Services

Presenters: Brent Binns, Audit Senior Manager, Financial Services

Nick Goode, Audit Manager, Financial Services

Alex Tampas, Audit Manager, Financial Services

Learning Objectives:

• Evaluate the ongoing operational, reporting, and risk management implications of CECL post-implementation, including the interpretation of model performance, governance practices, and regulatory expectations.
• Demonstrate understanding of hedge accounting, including the key benefits and differences between cash flow and fair value hedges and recognize updates to the portfolio layer method, and related disclosure requirements.
• Discuss recently proposed regulatory updates and the potential for regulatory relief for financial institutions.

CPE Information:

Continuing Education: 1 hours of CPE credits (*To earn the full 1.0 credit, participants must attend a minimum of 50 minutes and respond to a minimum of 3 polls.)

Field of Study: Specialized Knowledge

Delivery Method: Group Internet Based

Program Level: Basic Prerequisite: None

Advanced Preparation: None

Refund Policy: As this session is free of charge, no refunds will be issued