Issues & Trends | September 2022

 

Insight

2022 AICPA Conference on Banks & Savings Institutions

Highlights from the SEC, FASB, banking regulators and others on current topics for banks and savings institutions.

Michael Hall

Michael Hall

Partner, Dept. of Professional Practice, KPMG US

+1 212-872-5665

KPMG reports on the key messages from this year’s conference – including credit and the economy, digital assets, regulatory updates, ESG and financial innovation.

Applicability

  • All financial institutions

Relevant dates

  • Applicable immediately

Key impacts:

The world is changing, and bankers, regulators and accountants are working to keep up.

Speakers at the AICPA National Conference on Banks and Savings Institutions, which took place September 12-14 in Greater Washington DC, covered a wide range of current topics affecting financial institutions and the accounting and auditing profession.

Although last year’s conference focused on reacting to challenges of COVID-19 and a return to normal, it is now accepted that COVID-19 has permanently changed the world, while greatly accelerating trends already under way.

Highlights include the economic environment, digital assets and crypto, regulator perspectives, accounting standard setting, ESG and financial innovation.

Report contents

  • Meeting highlights
  • Evaluating the economic environment
  • Digital asset developments
  • Charting the changing Cs
  • Assessing accounting advancements
  • ESG and Fintech: This isn’t your grandparent’s bank

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