Broker-Dealer Accounting Conference 2017

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Broker-Dealer Accounting Conference 2017

CPE Credit: 8 Hours

Price: $745.00

NASBA Field of Study: Accounting



Broker-dealer firms continue to be the target of ever-increasing regulatory focus and an onslaught of new and constantly changing accounting, auditing and regulatory issues.

In this highly specialized conference, you will receive critical updates from our unbeatable team of regulators, Big 4 leaders and industry experts on the latest rules and regulations from the SEC, CFTC, FINRA, FASB and PCAOB. Learn the best ways to successfully handle all of 2017’s new Broker-Dealer accounting and reporting hot button issues.


•  Internal controls specific to broker-dealers

•  Regulatory trends, industry initiatives and challenges

•  Technical accounting update

•  ASC 606—revenue recognition for broker-dealers

•  PCAOB update

•  Comments from the CFTC  

•  Managing cyber risk


LEARNING OBJECTIVE  To update financial professionals working for broker-dealers on the latest rules and regulations from the SEC,
PCAOB and FASB and show them the best ways to handle these rules.



This program is also available via live webcast
Broker-Dealer Accounting Conference 2017 Webcast



Deluxe Continental Breakfast & Registration
 – 8:45 AM

Welcome & Opening Remarks
 – 9:00 AM

Internal Controls Specific to Broker-Dealers 
 – 10:00 AM
Evaluating the design, implementation and operating effectiveness of internal controls
• Discussion of management review controls and how to make them effective
• Complimentary End User Controls when relying on service organizations
• Importance of internal controls over compliance with financial responsibility rules

 – 10:15 AM

Regulatory Trends, Industry Initiatives & Challenges 
 – 11:15 AM
Broker-dealer firms continue to be challenged by regulatory, accounting and auditing issues. This session will focus on the challenges faced by the broker-dealer industry and provide insights into the changes and evolution of the market, as well as supply an overview of FINRA priorities. Topics to be discussed include:
Compliance, supervision and risk management
Increased focus on customer protection, specifically in relation to sales to seniors, product suitability
  and concentration
• Priority on detecting and deterring market manipulation
• Funding and liquidity

Technical Accounting Update
11:15 – 11:45 AM
New Lease Accounting Standard—ASC 842
Treatment of Restricted Cash
Current Expected Credit Losses (CECL)

11:45 AM
 – 12:45 PM

ASC 606—Revenue Recognition for Broker-Dealers
12:45 – 2:15 PM
Revenue recognition model
Contract costs
Principal vs. agent considerations
Implementation examples
Transition and approach

PCAOB Update
2:15 – 3:15 PM
• PCAOB standards update
• Status of the implementation of a permanent PCAOB broker-dealer audit examination plan
• Report on the findings of the recent inspections related to audits of broker-dealers

 – 3:30 PM

Comments from the CFTC   
 – 4:00 PM
Regulators from the CFTC will update you on the latest hot button issues and the most effective ways to handle them.

Managing Cyber Risk
4:00 – 5:00 PM
A key area of concern for FINRA in 2017 is cybersecurity. FINRA says it will continue to assess firms’ programs to mitigate risks in this area, such as methods for preventing data loss. In this session, our experts will show the best ways for broker-dealers to handle critical cybersecurity issues:
Understand the current regulatory environment
Cyber security in the news: recent cases
Key cyber risk management focus areas

Conference Ends
5:00 PM


* PLEASE NOTE: Session topics and times are subject to change based on location and speaker availability. Please call 1-800-544-1114 for specific agenda details.


This program is also available via live webcast
Broker-Dealer Accounting Conference 2017 Webcast



Danielle Gallagher, Senior Manager, Deloitte & Touche LLP

Sarah Kenny, Director, National Professional Services Group, PwC

Robert Maday, Deputy Director, Division of Registration and Inspections, Current Leader of the Broker-Dealer Firm Inspection Program, PCAOB

Rob Martin, Director, US Economics Research, Barclays

Jerry Nudge, Associate Director, Division of Swap Dealer and Intermediary Oversight, Commodity Futures Trading Commission (CFTC)

David Pompei, Senior Manager, Deloitte Advisory

Maria Fiorini Ramirez, President and CEO, MFR, Inc.

Jenna Richman, Senior Manager, Deloitte & Touche LLP

Adam Rodriguez, Director, Credit Regulation Group, FINRA

Richard Speziale, Director, PwC

Tim Vintzel, Audit Partner, Banking and Securities Group, Deloitte & Touche LLP

Bob Walley, Principal, Deloitte & Touche LLP


This program is also available via live webcast
Broker-Dealer Accounting Conference 2017 Webcast


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TKP New York Conference Center
109 West 39th Street
New York, NY 10018
(212) 444-7342


This program is also available via live webcast
Broker-Dealer Accounting Conference 2017 Webcast