Posts tagged with "fdicia"

FDICIA – An Acquisition Away

Register Now

Whether you are an acquisition away from the $500 million asset size level, or the $1 Billion asset size level or organic growth has gotten you there, there is a lot that may change because of you hitting that asset size.

While Federal Deposit Insurance Corporation Improvement Act (FDICIA) has been around since before the new century, the current banking environment means banks may have to comply with these regulations within their next year. 

Many banks approaching the $1B threshold appear to be falling short of the requirements defined under FDICIA. These requirements vary based on whether your institution has between $500M and $1B in assets, or if you exceed $1B in assets as measured by the individual charters within your institution or holding company.

If your institution is reaching the $500M, are you familiar with the new requirements and regulations with which you must comply, especially those pertaining to Auditor independence and reporting regulations? Is your audit committee in compliance?

If your institution is close to the $1B asset mark, you also have additional requirements under FDICIA that can impact your audit committee, reports and internal controls.

This banking webinar will provide an overview of different requirements for compliance by asset size, regulatory reports and cover what it means to you, your board and audit committee as well as your internal and external audit firms.           

Pricing

$249 for Webinar and Playback*
*Playback has no expiration and may be shared internally

Date of Events

Tuesday, July 30, 2019

  • 12:00 – 1:30 pm (Eastern Time)
  • 11:00 – 12:30 pm (Central Time)
  • 10:00 – 11:30 am (Mountain Time)
  • 9:00 – 10:30 am (Pacific Time)

Credits

1.0 CPE Credits

Your Speaker

Sara Mikuta

Sara Mikuta
Partner – Risk Advisory and Forensic Services
Wipfli CPAs and Consultants

About the Speaker

Sara Mikuta leads the risk advisory services team for Wipfli’s financial institutions practice and leads the Chicago market’s financial institutions practice. Her team is responsible for the development and delivery of internal audit, regulatory compliance examination, loan portfolio, asset-liability and liquidity, information technology, and fiduciary and trust services. Sara brings over 35 years of experience, focusing solely on financial institutions. This depth of knowledge and experience provides her clients with the necessary tools to be successful in their endeavors.

Register Now Pay by Check

Overview of FDICIA and SOX for Bank Internal and External Auditors

Register Now

This banking webinar identifies and explains historical events and legislative milestones. It especially focuses on two major laws:

  1. FDICIA of 1991
  2. SOX of 2002

The FDICIA of 1991 portion of the webinar covers:

Audit

  • FDIC insurance changes
  • Restrictions on real estate lending
  • Improved capital standards and new capital classifications
  • Extension of credit to “insiders”
  • FDIC authority to take action
  • Enhanced examination process
  • Accounting aspects of FDICIA
  • Audit committee issues

The Sarbanes-Oxley (SOX) of 2002 portion of the webinar covers:

  • The CPA and independence
  • CPA audit partner rotation
  • Audit committee “financial expert”
  • SEC review of periodic disclosures by issuers
  • PCAOB – the new quasi-governmental inspectors
  • Internal control

Additional Takeaways:

  • Attendees receive an important overview of what is required by FDICIA and SOX.
  • A brief history of activity that leads to these significant laws is provided and is the foundation needed to understand and comply with both laws.
  • How internal and external auditors and accountants are affected by these laws is carefully outlined.
  • The take-away is a solid understanding of these two game-changing laws.
  • Those who will benefit from this webinar include all depository institutions (banks, thrifts, credit unions etc.) – public or non public.
  • Additionally, all publicly-owned entities must follow SOX and employees in those entities will benefit from this webinar.

Date of Event

Tuesday, July 9, 2019
12:00 – 1:30 pm ET
11:00 – 12:30 pm CT
10:00 – 11:30 am MT
9:00 – 10:30 am PT

Pricing
$249 for Webinar plus playback*
*Playbacks do NOT expire and may be shared internally

Credits

  • 1.8 AAP Credits
  • 1.5 CPE Credits

Your Speaker

Paul Sanchez - PSA

Paul Sanchez
Founder – PSA Professional Service Associates

About Paul Sanchez

Paul J. Sanchez, CPA, CBA, CFSA conducts a CPA practice in Port Washington, New York. He is also the owner of Professional Service Associates (PSA), a consulting and professional training and development business servicing corporate clients (auditors, controllers, etc.), CPA firms, professional associations and others. He was an assistant professor at Long Island University – C.W. Post Campus as well as an adjunct lecturer at City University of New York. Prior to starting PSA, he was the Vice President-Professional Development for the Audit Division of a regional bank and Director of Professional Practices and Vice President of a money-center bank, where he directed the professional practice development and training for internal auditors.

Register NowPay by Check

FDICIA – An Acquisition Away

Register Now

Whether you are an acquisition away from the $500 million asset size level, or the $1 Billion asset size level or organic growth has gotten you there, there is a lot that may change because of you hitting that asset size.

While Federal Deposit Insurance Corporation Improvement Act (FDICIA) has been around since before the new century, the current banking environment means banks may have to comply with these regulations within their next year. 

Many banks approaching the $1B threshold appear to be falling short of the requirements defined under FDICIA. These requirements vary based on whether your institution has between $500M and $1B in assets, or if you exceed $1B in assets as measured by the individual charters within your institution or holding company.

If your institution is reaching the $500M, are you familiar with the new requirements and regulations with which you must comply, especially those pertaining to Auditor independence and reporting regulations? Is your audit committee in compliance?

If your institution is close to the $1B asset mark, you also have additional requirements under FDICIA that can impact your audit committee, reports and internal controls.

This banking webinar will provide an overview of different requirements for compliance by asset size, regulatory reports and cover what it means to you, your board and audit committee as well as your internal and external audit firms.           

Pricing

$249 for Webinar and Playback*
*Playback has no expiration and may be shared internally

Date of Events

Friday, May 17, 2019

  • 12:00 – 1:30 pm (Eastern Time)
  • 11:00 – 12:30 pm (Central Time)
  • 10:00 – 11:30 am (Mountain Time)
  • 9:00 – 10:30 am (Pacific Time)

Credits

1.0 CPE Credits

Your Speaker

Sara Mikuta

Sara Mikuta
Partner – Risk Advisory and Forensic Services
Wipfli CPAs and Consultants

About the Speaker

Sara Mikuta leads the risk advisory services team for Wipfli’s financial institutions practice and leads the Chicago market’s financial institutions practice. Her team is responsible for the development and delivery of internal audit, regulatory compliance examination, loan portfolio, asset-liability and liquidity, information technology, and fiduciary and trust services. Sara brings over 35 years of experience, focusing solely on financial institutions. This depth of knowledge and experience provides her clients with the necessary tools to be successful in their endeavors.

Register Now Pay by Check

Overview of FDICIA and SOX for Bank Internal and External Auditors

Register Now

This banking webinar identifies and explains historical events and legislative milestones. It especially focuses on two major laws:

  1. FDICIA of 1991
  2. SOX of 2002

The FDICIA of 1991 portion of the webinar covers:

Audit

  • FDIC insurance changes
  • Restrictions on real estate lending
  • Improved capital standards and new capital classifications
  • Extension of credit to “insiders”
  • FDIC authority to take action
  • Enhanced examination process
  • Accounting aspects of FDICIA
  • Audit committee issues

The Sarbanes-Oxley (SOX) of 2002 portion of the webinar covers:

  • The CPA and independence
  • CPA audit partner rotation
  • Audit committee “financial expert”
  • SEC review of periodic disclosures by issuers
  • PCAOB – the new quasi-governmental inspectors
  • Internal control

Additional Takeaways:

  • Attendees receive an important overview of what is required by FDICIA and SOX.
  • A brief history of activity that leads to these significant laws is provided and is the foundation needed to understand and comply with both laws.
  • How internal and external auditors and accountants are affected by these laws is carefully outlined.
  • The take-away is a solid understanding of these two game-changing laws.
  • Those who will benefit from this webinar include all depository institutions (banks, thrifts, credit unions etc.) – public or non public.
  • Additionally, all publicly-owned entities must follow SOX and employees in those entities will benefit from this webinar.

Date of Event

Wednesday, May 15, 2019
12:00 – 1:30 pm ET
11:00 – 12:30 pm CT
10:00 – 11:30 am MT
9:00 – 10:30 am PT

Pricing
$249 for Webinar plus playback*
*Playbacks do NOT expire and may be shared internally

Credits

  • 1.8 AAP Credits
  • 1.5 CPE Credits

Your Speaker

Paul Sanchez - PSA

Paul Sanchez
Founder – PSA Professional Service Associates

About Paul Sanchez

Paul J. Sanchez, CPA, CBA, CFSA conducts a CPA practice in Port Washington, New York. He is also the owner of Professional Service Associates (PSA), a consulting and professional training and development business servicing corporate clients (auditors, controllers, etc.), CPA firms, professional associations and others. He was an assistant professor at Long Island University – C.W. Post Campus as well as an adjunct lecturer at City University of New York. Prior to starting PSA, he was the Vice President-Professional Development for the Audit Division of a regional bank and Director of Professional Practices and Vice President of a money-center bank, where he directed the professional practice development and training for internal auditors.

Register NowPay by Check

FDICIA – An Acquisition Away

Register Now

Regulations

Whether you are an acquisition away from the $500 million asset size level, or the $1 Billion asset size level or organic growth has gotten you there, there is a lot that may change because of you hitting that asset size.

While Federal Deposit Insurance Corporation Improvement Act (FDICIA) has been around since before the new century, the current banking environment means banks may have to comply with these regulations within their next year. 

Many banks approaching the $1B threshold appear to be falling short of the requirements defined under FDICIA. These requirements vary based on whether your institution has between $500M and $1B in assets, or if you exceed $1B in assets as measured by the individual charters within your institution or holding company.

If your institution is reaching the $500M, are you familiar with the new requirements and regulations with which you must comply, especially those pertaining to Auditor independence and reporting regulations? Is your audit committee in compliance?

If your institution is close to the $1B asset mark, you also have additional requirements under FDICIA that can impact your audit committee, reports and internal controls.

This banking webinar will provide an overview of different requirements for compliance by asset size, regulatory reports and cover what it means to you, your board and audit committee as well as your internal and external audit firms.           

Pricing

$249 for Webinar and Playback*
*Playback has no expiration and may be shared internally

Date of Events

Wednesday, February 27, 2019

  • 12:00 – 1:30 pm (Eastern Time)
  • 11:00 – 12:30 pm (Central Time)
  • 10:00 – 11:30 am (Mountain Time)
  • 9:00 – 10:30 am (Pacific Time)

Credits

1.0 CPE Credits

Your Speaker

Sara Mikuta

Sara Mikuta
Partner – Risk Advisory and Forensic Services
Wipfli CPAs and Consultants

About the Speaker

Sara Mikuta leads the risk advisory services team for Wipfli’s financial institutions practice and leads the Chicago market’s financial institutions practice. Her team is responsible for the development and delivery of internal audit, regulatory compliance examination, loan portfolio, asset-liability and liquidity, information technology, and fiduciary and trust services. Sara brings over 35 years of experience, focusing solely on financial institutions. This depth of knowledge and experience provides her clients with the necessary tools to be successful in their endeavors.

Register Now Pay by Check