All sessions are CPE eligible. Please note that in order to receive full credit you must complete specific activities based on your event type. 

Session Descriptions

Alternative Revenue Streams

Deep dive on accounting, risk, tax and compliance considerations for non-traditional and emerging revenue sources for the financial services industry. Topics include using derivatives to manage interest rate risk during margin compression, digital asset (crypto) use and capital consideration, and regulatory considerations for banking cannabis.

  Objectives:

  Identify emerging revenue sources
  Explain the impact of non-traditional bank offerings on the balance sheet
  Evaluate risks and rewards of alternative revenue streams

Income Tax Developments and Planning Strategies

This session will provide attendees with an overview of proposed federal income tax legislation – including a potential tax rate increase - and administrative developments impacting the financial services industry and will be presented in terms that the non-tax-professional can understand. Topics to be discussed include a summary of current legislative tax proposals and the likelihood of their enactment, an overview of recent administrative tax pronouncements issued by Treasury and suggestions for tax planning strategies aimed at maximizing the benefit (or minimizing the cost) of these changes.  

Objectives

Identify the impact of recent federal tax law changes
Explain tax planning opportunities resulting from these changes
Describe how changes in tax legislation may impact corporate taxation and tax planning opportunities

CPE hours: 1.0
Program level: Basic
Prerequisites: None
Advanced preparation: None
Field of study: Tax

Emerging Regulatory Issues

This session will provide an update on the evolving regulatory landscape and outline some key focus areas for federal financial institution regulators in recent safety and soundness examinations. We will provide updates on activities of federal regulators and legislators in Washington and how those are impacting the key areas of focus in examinations.

Objectives

Describe the major regulatory developments and legislative activities affecting the financial services industry
Assess the regulators’ focus in critical risk management areas and document consideration of risks from a strategic perspective

CPE hours: 1.0
Program level: Basic
Prerequisites: None
Advanced preparation: None
Field of study: Specialized Knowledge

Accounting and Financial Reporting Developments

This session will focus on the latest accounting and financial reporting developments of interest to financial institutions, covering recent developments from the Financial Accounting Standards Board (FASB), the Securities and Exchange Commission (SEC), the Public Company Accounting Oversight Board (PCAOB), the American Institute of Certified Public Accountants (AICPA), and the federal financial institutions regulators. This session will cover FASB's Post Implementation Review of the Current Expected Credit Losses (CECL) standard. In addition, this session will cover developments in digital assets/crypto and Environmental, Social, and Governance (ESG) disclosure trends.

Objectives

Explain and apply final accounting standards and other changes in financial reporting for financial institutions

CPE hours: 2.0
Program level: Basic
Prerequisites: None
Advanced preparation: None
Field of study: Accounting

M&A Trends and Hot Topics

This session will provide data on current M&A activities including regional and national pricing trends, accounting and tax implications in today's environment and changes in the transaction market and deal considerations as a result of CECL. The session will also include ideas for prepping your bank for sale and on the flip side how to prevent your bank from being acquired.

Objectives

Implement best practices in area of M&A
Explain the current M&A environment
Identify recent industry and macroeconomic events impacting organizations

CPE hours: 1.0
Program level: Basic
Prerequisites: None
Advanced preparation: None
Field of study: .5 hour Accounting, .5 hour Specialized Knowledge

Mitigating Cyber/Ransomware Risks from an IT Audit Perspective

Every organization is vulnerable to cyber threats including ransomware and other criminal digital activities. This session will demonstrate ways to mitigate risks through cybersecurity best practices and contingency planning.

Objectives

Apply general IT control understanding to evaluate areas of enhancements
Implement changes to reduce cyber risk
Identify weaknesses that could lead to cyber threat

CPE hours: 1.0
Program level: Basic
Prerequisites: None
Advanced preparation: None
Field of study: Specialized Knowledge

CECL…If I Knew Then What I Know Now

The session will include a discussion on best practices and lessons learned including tactical issues, considerations for supporting qualitative factors, and top recommendations for those who have already adopted and those who are still working through implementation. It will also highlight recent CECL-specific developments from accounting standard setters and observations from SEC comment letters.

Objectives

Apply best practices in implementing or continuing to apply the CECL standard
Explain various value-added ideas that can be gained from CECL adoption
Discuss recent accounting developments around CECL and trends seen in SEC comment letters.

CPE hours: 1.0
Program level: Basic
Prerequisites: None
Advanced preparation: None
Field of study: Accounting

**Crowe is unable to grant CPE credit in cases in which technical difficulties preclude eligibility. CPE sponsorship guidelines prohibit us from issuing credit to individuals not verified by the technology to have satisfied the minimum requirements listed above.