Many high-performing banks have initiated a fundamental shift in the CFO role making the CFO a critical strategic business partner across the financial institution. Such evolution has encouraged the transformation of the CFO from solely traditional tax functions to now include analysis of big data, technology systems, and efficiency strategies.
The CFO Forum tackles the top issues CFOs face today, including emerging tax and accounting strategies, CECL implementation, deposit funding sources, risk management, cybersecurity and more. Be prepared to build your CFO network with plenty of networking opportunities and peer-to-peer collaboration throughout the event.
2020 Agenda Coming Soon!
Day 1 – 9:00 a.m. – 5:00 p.m.
- Tax Reform - Where Are We Now?
Much has been discussed about the Tax Cuts and Jobs Act since its enactment nearly 1 1/2 years ago, examining key provisions inside and out, S corps vs. C corps, and so on. This session will offer a brief reflection on what has transpired, including key questions & challenges that still remain, and then look forward to considerations that community CFOs should have on their radar.
- Managing Legal Trends and Taking Advantage of Opportunities in 2019
The banking landscape continues to change due to a shifting economy and changes in regulatory hot buttons. We will discuss legal and regulatory trends in the changing banking environment, together with how banks can manage risks related to the changing environment and still be successful.
- Emerging Financial Reporting, Accounting & Auditing Issues
Community Bank CFOs continue to be confronted by new challenges related to accounting and financial reporting changes beyond those related to allowance for loan losses. In this session we will highlight several upcoming changes in financial reporting and their impact on financial institutions including financial instruments, leases, revenue recognition, changes in cash flow presentation, certain tax reform impacts and improvements to employee share-based payment accounting.
- Cybersecurity Response Program & The CFOs Role
Most cybersecurity experts agree that it's not a matter of if you will experience a cyber incident, but when. This makes incident response planning a critical component of any cybersecurity program. Learn the benefits of stress testing your bank's response program to prevent, respond to and recover from attacks
The responsibility of risk management is shared by every employee but weighs especially heavily on the shoulders of the CFO. With the demands of the role becoming much more strategic in nature, having assistance coordinating risk management processes and making the best use of your limited resources is critical. This session will dive into ever-present risks and emerging areas that CFOs should be keenly aware of and offer guidance on how to effectively and efficiently identify, analyze, respond to and monitor potential risks facing the institution so you can spend more time working toward your strategic business objectives.
This session will take a look at emerging credit issues and identify top areas for banks to consider within their portfolios, including drivers of success, industry risk, impact of a rising rate environment, operational risk and due diligence.
Essentials of High Performance Investing
Investment portfolios still comprise a much larger portion of a community bank's total footings than a decade ago, and recently securities have been a major source of liquidity. We will examine the composition of a typical investment portfolio, and will highlight the characteristics of a high-performing collection of securities. We will also discuss certain investment strategies that are popular in today's interest rate environment.
Day 2 – 8:00 a.m. – Noon
- CFO Peer Exchange by Asset Size
Perhaps one of the greatest benefits of an event like this is the time spent collaborating with peers, so we've dedicated a special section of the event for doing just that! Engage with your peers from institutions similar in asset size to your own. Anything is fair game, so come prepared to ask questions, discuss issues and share solutions with fellow community bank CFOs!
While many community banks have developed a loose plan for implementing CECL, there is still much work to be done before crossing the finish line to ensure that you're fully prepared to address this monumental change. The CFO Forum concludes with a hands-on workshop to help jump-start your bank's CECL implementation. Trusted advisors from BKD will walk attendees through model examples and share practical guidance & best practices on segmentation, data inventory and gap analysis. Walk away with actionable guidance, feeling confident in your bank's CECL implementation plan.
Who Should Attend: CFOs, Controllers, Cashiers and other accounting professionals as well as Presidents, CEOs, and Directors.
ICBA Members: (prior to July 17) $695 / (after July 17) $795
Bank Director Program Participants: $495
13 CPE Credits
Program Level: Intermediate
Room Rate: $165
Cutoff Date: 7/26/2020
To make your hotel reservation and secure the negotiated room rate see information below.
Embassy Suites by Hilton Bloomington Minneapolis
Phone: Call 952-884-4811 or 1-800-EMBASSY and Ask for Group:
CFO Forum or CF1
Print Registration Form
For more information, call 800-422-7285.
USE OF PHOTOS & VIDEO CONTENT
or participation in an ICBA event constitutes an agreement by the participant
to ICBA’s use and distribution (both now and in the future) of the
participant’s image and/or voice in photographs, videos, digital
electronic reproductions and audio files/recordings of and at such events and