Need to know year-end updates for the banking industry

Join us to discuss accounting, tax and regulatory changes impacting banks, credit unions and other financial institutions

The banking industry is experiencing financial, operational and regulatory disruption due to the pandemic and election. Join Baker Tilly’s banking specialists to learn what your organization needs to know about accounting, tax and regulatory developments throughout 2020 and into 2021. 1.5 CPE credits will be offered for webinar attendees.

Learning objectives:

• Highlight current banking and regulatory developments, including excess liquidity, outcome of the election and the Paycheck Protection Program’s (PPP) impact on banks
• Review tax updates and recent tax legislation updates for financial institutions
• Discuss PPP updates and year end accounting and financial reporting considerations
• Receive an overview of the loan modifications under CARES Act Section 4013 and Interagency Statement
• Provide an overview of the most recent BSA update and what organizations are seeing from a COVID-19 standpoint
• Review compliance modifications and how to increase monitoring for suspicious activity

Who should attend

• Professionals from community banks, credit unions, mortgage lenders and other financial institutions, involved in accounting, finance, tax, risk or regulatory processes

Information about CPE eligibility

There are no prerequisites for this event and advance preparation is not required. There is no cost to attend this event.

Level: Overview

CPE credit: 1.5 Total (0.5 accounting, 0.5 taxes, 0.5 specialized knowledge)

Field of study: Accounting (GAS80), Specialized Knowledge, Taxes

Baker Tilly US, LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.