The world changed in November of 2022, much like it did in 2007 when the iPhone was first introduced. AI engines achieved the needed blend of price, capability, and power and ChatGPT gained 100 million users in less than 60 days. AI had been creeping into banking software for the past ten years with a slow build up that is now blossoming into an industry changing transformation.

Last year Scott talked to us about Humalogy, the integration of humanity and technology in banking. This year he will extend the Humalogy concept by explaining how intelligent systems will merge with the human side of financial services to deliver elite results. This presentation will be a great chance to get up to speed on the latest opportunities and risks with AI, while also gaining a clear picture of the impact over the next few years in banking.

Learning Objectives:

• Analyze the speed of which AI’s will penetrate the banking digital backbone
• Determine how AI engines can materially impact the revenue per employee ratio for banks
• Recognize the possible intelligence levels we will see with AI
• Identify the four greatest AI risks that must become part of a bank’s ERM program

The chief accountants of the Federal Banking Agencies will share current perspectives on a variety of financial accounting and reporting topics and policy developments. Hear the latest thinking on the current environment and focus areas, including the allowance for credit losses, , loan modifications, and emerging accounting topics, as well as the agencies’ initiatives related to digital assets and climate-related financial risks.

Learning Objectives:

• Identify the regulatory financial reporting developments
• Analyze the supervisory policy developments
• Analyze the perspectives on the implementation of accounting standards, including CECL

Join this session to have your questions answered by the chief accountants on topics including the allowance for credit losses, loan modifications, digital assets, climate-related financial risks, and other financial reporting observations.

Learning Objectives:

• Identify the regulatory financial reporting developments
• Analyze the supervisory policy developments
• Analyze the perspectives on the implementation of accounting standards, including CECL

During the past year, the FASB has made significant progress on emerging and other important areas that stakeholders—including the banking industry—identified as priorities during the Board’s 2021 agenda consultation. The FASB is incorporating stakeholder feedback received to date on its proposals on the accounting for and disclosure of crypto assets and income tax disclosures. In addition, the Board is continuing to solicit stakeholder feedback on its post-implementation review of the credit losses standard and its recent proposal to improve the accounting for purchased financial assets.

During this panel, FASB staff will provide an overview of these and other projects that may impact the banking industry and why your feedback continues to be important to help inform the Board’s work.

By the end of this session, viewers will obtain an understanding of:

1. Progress on the FASB’s technical and research agenda projects
2. The FASB’s recently issued guidance
3. The FASB’s current project on acquired financial assets
4. Progress on other PIR and standard-setting activities relevant to banks and savings institutions.

Learning Objectives:

• Recognize the progress on the FASB’s technical and research agenda projects
• Recognize issues regarding FASB’s recent guidance
• Identify the considerations to FASB’s current project on acquired financial assets
• Identify progress on other PIR and standard-setting activities relevant to banks and savings institutions

Modern leaders and employees are stuck in the never-ending “stress – success cycle”. It’s that cycle where we work too hard, stress, obsesses, and worry on our way to achieving goals – then once we achieve them, we just go right back into the cycle again. How often do you or your employees have: Difficulty focusing at work? Racing thoughts before bed? Feelings of stress or anxiety and end up with too many visits to the doctor with no real answers? It’s time to get to the core of the issue and break the Stress-Success Cycle.

Dr. Romie’s keynote blends medicine and wellness into her “3 Mindful Steps” and will truly shift your personal and professional lives. This keynote goes into the neuropsychology and mental health syndromes affecting cognitive performance and emotional control – then wraps it all up in easy-to-digest and practical takeaways. Your audience will get Dr. Romie’s science-backed program that everyone can go home with and implement right away for increased mental health and wellness. Let’s change the way your brain and your team functions to create a more successful, balanced, and healthy life.

Learning Objectives:

• Analyze Dr. Romie’s ‘3 Mindful Steps’ to create a truly sustainable work-life balance in the brain and at work
• Identify actionable take-home techniques for daily stress management
• Apply science-driven mindfulness protocols to implement into your daily routines
• Determine practical mindful techniques to implement in the corporate workspace

The world changed in November of 2022, much like it did in 2007 when the iPhone was first introduced. AI engines achieved the needed blend of price, capability, and power and ChatGPT gained 100 million users in less than 60 days. AI had been creeping into banking software for the past ten years with a slow build up that is now blossoming into an industry changing transformation. Last year Scott talked to us about Humalogy, the integration of humanity and technology in banking. This year he will extend the Humalogy concept by explaining how intelligent systems will merge with the human side of financial services to deliver elite results. This presentation will be a great chance to get up to speed on the latest opportunities and risks with AI, while also gaining a clear picture of the impact over the next few years in banking.

Learning Objectives:

• Analyze the speed of which AI’s will penetrate the banking digital backbone
• Determine how AI engines can materially impact the revenue per employee ratio for banks
• Recognize the possible intelligence levels we will see with AI
• Identify the four greatest AI risks that must become part of a bank’s ERM program

The FASB issued the proposed ASU, Financial Instruments – Credit Losses (Topic 326), Purchased Financial Assets on June 27, 2023. The proposed ASU would address comparability and complexity concerns by eliminating the credit deterioration criteria that currently limit the use of the gross-up approach in ASC 326 solely to purchased financial assets with credit deterioration (PCD). The proposed ASU would eliminate the need for companies to determine if purchased financial assets have experienced a ‘more-than-insignificant’ credit deterioration. This change would expand the population of financial assets, other than AFS debt securities, that would be subject to the purchased financial assets accounting model (i.e. the gross-up method) in ASC 326. The gross-up method records an allowance at the date of acquisition with an offsetting entry to the asset’s amortized cost basis. The proposed amendments would be applied on a modified retrospective basis as of the beginning of the fiscal year in which a company adopted the amendments in the credit impairment standard. This approach would result in a cumulative-effect adjustment to retained earnings as of the later of (1) the beginning of that reporting period or (2) the beginning of the earliest period presented.

In this session, we will explore the eligibility requirements of the proposed ASU; the transition impacts on the provision, interest income and the effective interest rate; as well as practical examples illustrating the application of the proposed ASU.

Learning Objectives:

• Analyze the requirements of the proposed ASU
• Determine transition impacts on the provision, interest income and the effective interest rate
• Determine proper assessment for step-through calculations illustrating the impacts of the proposed ASU

There used to be just a few major risks that bankers cared about – credit, rates and fraud. In the era of continuous tech innovation, fintech competition and erosion of customer loyalty, new risks are taking center stage that have a compounding effect on each other. The old ways of quantifying and managing risks — as one-offs, in silos — no longer cut it. We need a new mindset by understanding risk through a growing body of knowledge and increasingly powerful analytical tools. Learn from a panel of Moody's experts about emerging risks in the banking industry, such as cyber and climate, and how these are inter-connected with traditional risks. Additionally, learn strategies that exist for banks and regulators to manage this ever-changing landscape.

Learning Objectives:

• Recognize key risks facing the banking industry and how today, more than ever, these risks are connected and inter-dependent
• Determine what that means for the banking and accounting industries and how both bankers and regulators can better analyze and mitigate these risks

To stay resilient through constant disruptions, organizations, their boards, and suppliers should rethink how they address cybersecurity operations, talent gaps, and new regulatory requirements. Gain insights into how developing an effective and resilient cyber security program can help you proactively impact risk mitigation while enabling broader organizational outcomes.

Is your organization proactively addressing these matters? Are you effectively preparing for the final SEC Cybersecurity Risk Management, Strategy, Governance, and Incident Disclosure Ruling and other regulatory requirements? Is your organization concerned about the increasing cost and the business impact of talent gaps, data breaches, and third-party risks?

Learning Objectives:

• Recognize the latest trends and threats impacting cyber security
• Determine how developing an effective and resilient Cyber Security program that can help prepare your organization for various regulatory requirements, including the SEC Cybersecurity Risk Management, Strategy, Governance, and Incident Disclosure Proposed Ruling
• Assess roles and responsibilities of the board, executive management, finance, and the cybersecurity team

One of the most trusted names in financial reporting and economics, Dr. Rossell delivers a U.S. economic outlook for the next 18-24 months. Drawing on history, theory, and her ringside seat to Wall Street, she delivers an insider’s perspective on the most important economic events of our time and discusses the impact of key factors like the inflation, supply chain disruptions, labor shortages and the possibility of a recession. Get an informed outlook into the coming year and understand new opportunities that are on the horizon. Dr. Rossell outlines the current state of the economy, explaining monetary policy, movements in the stock market, oil prices and the real estate market. She highlights that current conditions are symptomatic of a larger trend: that businesses today face a variety of seismic surprises, including cyberterrorism, environmental disasters, swings in the regulatory regime, and, yes, pandemics as well.

Learning Objectives:

• Compare and contrast the current interest rate environment with other periods of monetary policy disruption
• Determine whether the global economy is experiencing a recession
• Analyze and provide an update on the labor market shortage
• Determine the link between monetary policy and banking sector instability

Author, former regulator, industry lawyer, and futurist Thomas P, Vartanian challenges those who work with banks and other financial institutions to become more effective partners by better understanding the complex future of banking. His presentation will assess the remarkable technological changes that are impacting the U.S. economy and revolutionizing money, regulation, and financial markets. He will dissect the underappreciated risk of interest rate mismatch that decimated the S&L industry in the crisis that he handled 40 years ago and led to the collapse of banks like Silicon Valley Bank this year. He predicts a novel theory of “cooperative regulation” that he argues can more effectively regulate digital products like cryptocurrencies and assimilate technological tools like artificial intelligence that regulators can deploy to more effectively foster systemic stability and strength. His audiences are left with answers to some of the biggest challenges that the banking industry faces.

Learning Objectives:

• Analyze the challenges posed by a digital economy to banks, their regulators and partners
• Compare traditional regulation with what it must become in the future
• Identify the tools that banks and regulators will need to promote stabile markets in the future

This panel will feature updates from the Chief Accountant of the SEC and his Deputy Chief on their mission and priorities, including the role of various stakeholders in the financial reporting ecosystem. They will also provide an update on their work relating to accounting and auditing matters, including activities relating to oversight of accounting and auditing standard setters.

Learning Objectives:

• Identify and understand the SEC’s mission and priorities
• Recognize and understand of the SEC’s oversight activities

Hear from mid-sized bank CAOs/Controllers/CFO about how their banks are addressing operational, financial reporting and regulatory matters.

Learning Objectives:

• Analyze top of mind accounting and financial reporting matters
• Determine changes in operations due to changes in economy, workforce, etc.
• Identify operational efficiency challenges

This session will cover accounting auditing hot topics impacting FinTech companies. We will focus on the following topics:

• Gross vs Net considerations and financial statement presentation

• Application of ASC 326 to crypto native lending

• SAB 121 and FASB's crypto assets project

• Use of third parties, including service organizations

Learning Objectives:

• Analyze and differentiate between gross and net considerations in accounting and financial statement presentation as they apply to FinTech companies
• Apply ASC 326 to evaluate the accounting treatment of crypto native lending activities within FinTech companies

This session will discuss recent performance of the banking industry focusing on how the rate environment and the recent bank failures have impacted banks and M&A.

Learning Objectives:

• Evaluate the impact of rising rates on the banking industry
• Assess how bank executives should respond to competitive pressures for banks of all sizes

The Division of Corporation Finance and the Office of the Chief Accountant have been active on many fronts this past year. Join this session for developments and priorities of Corp Fin and OCA regarding banking and registrant matters.

Learning Objectives:

• Compare filing review observations, including those relating to banking specific responses
• Analyze rule-making initiatives
• Identify matters regarding division monitoring and activities

Current Expected Credit Losses (CECL) has become the new status quo, but many questions and challenges relating to maintaining models under the credit loss guidance still remain. Whether a recent adopter or a seasoned pro, the volatility of 2023 has raised additional questions on how organizations can assess model performance and ensure continued effectiveness over the years. What trends have emerged in the industry regarding coverage ratios? How can an organization maintain proper controls over model performance? And what factors are management teams focusing on to implement model refinements and calibrate results?

Learning Objectives:

• Analyze trends in allowance coverage among CECL adopters
• Determine lessons learned and best practices for continual monitoring of CECL models
• Identify observations on the loan modification disclosure ASU adoption
• Assess insights on the Purchased Financial Assets (PFA) proposal

The shift from voluntary to mandatory sustainability disclosure will require ESG data quality to be on par with that of financial disclosures. This session will highlight regulatory and voluntary ESG frameworks and standards, trends in assurance over environmental, social, and governance (ESG) information within banking and the value of partaking in readiness activities prior to obtaining assurance.

Learning Objectives:

• Recognize the current and upcoming regulatory reporting requirements and evolving reporting trends
• Identify best practices and common challenges about assurance over ESG Information.
• Indicate steps for assurance readiness

One of the most trusted names in financial reporting and economics, Dr. Rossell delivers a U.S. economic outlook for the next 18-24 months. Drawing on history, theory, and her ringside seat to Wall Street, she delivers an insider’s perspective on the most important economic events of our time and discusses the impact of key factors like the inflation, supply chain disruptions, labor shortages and the possibility of a recession. Get an informed outlook into the coming year and understand new opportunities that are on the horizon. Dr. Rossell outlines the current state of the economy, explaining monetary policy, movements in the stock market, oil prices and the real estate market. She highlights that current conditions are symptomatic of a larger trend: that businesses today face a variety of seismic surprises, including cyberterrorism, environmental disasters, swings in the regulatory regime, and, yes, pandemics as well.

Learning Objectives:

• Compare and contrast the current interest rate environment with other periods of monetary policy disruption
• Determine whether the global economy is experiencing a recession
• Analyze and provide an update on the labor market shortage
• Determine the link between monetary policy and banking sector instability

Have you wondered how some careers have unfolded and how they got to where they are today? Join this short session to hear the journey these panelists have taken – and their wisdom. Of course, bring your questions too!

Learning Objectives:

• Distinguish between the various career journeys
• Identify career changes and the long-term impact
• Recognize how taking chances can impact a career – whether it is yours or someone else’s

For financial institutions to create a competitive advantage in today's complicated financial environment, their reporting processes must evolve to include historical, projected, and optimal analytical components. But how do you manage massive amounts of data from disparate source systems that don't always connect to each other? And then formulate that information into a knowledgeable view that gives finance leaders the ability to make better decisions? This session will present best practices for gathering and analyzing your data to help you understand the drivers of your performance and provide tips and tricks for how to leverage the results to create timely, dynamic visualizations and support data-driven decision-making.

Learning Objectives:

• Determine the type of reporting appropriate for your organization
• Determine how your data can help managers and their teams own their performance

Join this session for an overview of current accounting issues and the FASB’s project on digital assets.

Learning Objectives:

• Identify how current US GAAP applies to digital assets
• Analyze the FASB’s project on accounting for certain digital assets

This panel will cover the landscape impacting their members – whether it is the economic environment, legislative activities, regulatory developments, standard-setting activities, or all the above, or something else impacting banks.

Learning Objectives:

• Determine what is top of mind for bankers broadly
• Identify the key developments in legislation, regulation, and standard setting
• Differentiate between policy, environmental and operating challenges

Session focuses on the arguments and counterarguments regarding whether the US economic is headed for a recession or not. The performance of the housing and mortgage markets in the current macroeconomic environment, as well as how current macroeconomic trends may influence housing in the future, are topics to be incorporated.

Learning Objectives:

• Analyze the current macroeconomic dynamics and the effects on housing as well as alternative views.
• Identify current trends to monitor in order to track market changes.

The Complaints Management lifecycle, including complaint intake through root cause analysis and resolution, is an opportunity to leverage Artificial Intelligence for more consistent, defensible, and faster outcomes. We will cover how to leverage and integrate AI capabilities for complaints management, including how to obtain more effective insights and foresight.

Learning Objectives:

• Identify role of AI in Complaints Management lifecycle
• Analyze how to build and leverage AI capability for Complaints Management
• Determine AI capabilities related to Complaints Management

This session will provide attendees with an overview of emerging tax developments impacting the financial services industry and will be presented in terms that the non-tax-professional can understand. Topics to be discussed include tax planning in a rising interest rate environment, evolving tax exposure in the captive insurance and Employee Retention Credit areas, and miscellaneous federal income tax developments that may factor into your institution’s overall tax picture.

Learning Objectives:

• Differentiate how rising interest rates enhance the value and availability of tried and true tax planning strategies
• Determine how recent IRS audit initiatives and proposed Treasury regulations may impact the tax exposure related to micro captive insurance arrangements and Employee Retention Credits
• Compare miscellaneous federal income tax developments that impact the financial services industry, some of which may require immediate action

Join Scott Hildenbrand, head of the Financial Strategies group at Piper Sandler, for a discussion of balance sheet strategies and tactics in the current environment. He will explain the difference between having sight and having vision for your institution and will include market updates to contextualize the ideas and help management teams prioritize the right things as they plan ahead. He will use case studies to highlight how companies with different risk profiles have leveraged strategic options on the asset and liability sides of the balance sheet based on their institution’s goals.

Learning Objectives:

• Differentiate and define sight versus vision
• Identify proactive strategy sessions from ALCO meetings
• Determine which part of the yield curve is relevant for your institution to better plan for strengths and weaknesses

This session will provide an update on standard-setting and inspections activities of the PCAOB.

Learning Objectives:

• Analyze current PCAOB standard-setting
• Compare current PCAOB inspection matters, including inspection findings

Community Banks continue to face challenges and opportunities in the market place. During this panel discussion, community bankers will share their experiences and viewpoints on current issues facing the industry today.

Learning Objectives:

• Analyze what issues the CFO panelists have been facing, at their organizations, with topics ranging from regulatory, strategic and operational dynamics which impact community banks
• Identify how these issues have impacted or will impact the respective accounting treatments at their organizations and overall community bank industry

The session will include discussion of the PCAOB's proposal related to Noncompliance with Laws and Regulations as well as key themes from comment letters submitted on the proposal.

Learning Objectives:

• Analyze the key provisions of the PCAOB's proposal on Noncompliance with Laws and Regulations (NOCLAR)
• Compare key themes from the comment letters received by the PCAOB on its NOCLAR proposal
• Differentiate the changes from existing requirements and the impact to preparers and auditors

This session will provide a detailed analysis of the newly issued Accounting Standards Update - ASU 2023-02, which offers an elective expansion of the proportional amortization method of accounting for investments in qualifying tax credit equity structures. Topics to be discussed include background information related to the ASU, qualification requirements for determining which tax credit equity structures are eligible for its application, and issues to consider when adopting the new standard. The discussion will include detailed examples.

Learning Objectives:

• Identify the reasoning behind the issuance of the new standard
• Determine which tax credit equity structures qualify for the new standard and how it is applied
• Analyze adoption issues and considerations related to the new standard

Join members of the AICPA's Depository Institutions Expert Panel (DIEP) for a discussion on key topics impacting community banks, including recent market events, refreshers on evaluating goodwill and Held to Maturity (HTM) securities, and observations and standard-setting on CECL – just to name a few. We will also cover any key developments from the regulators. Bring your questions – and we will answer as many as we can!

Learning Objectives:

• Apply the financial reporting developments for community banks
• Analyze reminders for community banks given the current market environment
• Analyze issues being discussed by the AICPA's Depository Institutions Expert Panel (DIEP)

Panel will discuss current accounting topics and respond to participant questions submitted by participants in this or earlier sessions

Learning Objectives:

• Apply large banks' perspectives on current accounting topics
• Analyze the current financial reporting developments at large banks

This panel will cover the landscape impacting their members – whether it is the economic environment, legislative activities, regulatory developments, standard-setting activities, or all the above, or something else impacting banks.

Learning Objectives:

• Determine what is top of mind for bankers broadly
• Identify the key developments in legislation, regulation, and standard setting
• Differentiate between policy, environmental and operating challenges