Broker-Dealer Accounting Conference 2018 Webinar

Topic Photo
Broker-Dealer Accounting Conference 2018 Webinar

CPE Credit: 8 Hours

Price: $499.00

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 webinar, 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 2018’s new Broker-Dealer accounting and reporting hot button issues.


•  State of the brokerage industry

•  Regulatory trends, industry initiatives and challenges

•  PCAOB update

•  Technical accounting 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.

DELIVERY METHOD  Group Internet-Based.


This is a live broadcast of our
Broker-Dealer Accounting Conference 2018



Welcome & Opening Remarks
8:45 – 9:00 AM

State of the Brokerage Industry 
9:00 – 10:00 AM

This session will supply an overview of the broker-dealers’ landscape, provide an update on regulatory initiatives, present related innovations and a glance into the future of the broker-dealer industry. Topics to be discussed include:
The regulators and potential reforms  
• Key regulations/regulatory initiatives
• Dodd-Frank/Volcker (including potential upcoming rollbacks)
• Market structure
• Impact regulations have on capital formation
• SEC Regulation Best Interest/status of DOL Fiduciary Rule
• Consolidated audit trail
• LIBOR and its impact on hedge accounting
• Blockchain
• Cryptoassets
• New competition: financial technology companies and Amazon

10:00 – 10:15 AM

Regulatory Trends, Industry Initiatives & Challenges 
10:15 – 11:30 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

PCAOB Update
11:30 AM – 12:30 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

12:30 – 1:30 PM

Technical Accounting Update
1:30 – 2:45 PM
• New Lease Accounting Standard—ASC 842
• Treatment of restricted cash
• Current Expected Credit Losses (CECL)
• ASC 606—revenue recognition for broker-dealers
• Other FASB initiatives affecting broker-dealers

2:45 – 3:00 PM

Comments from the CFTC   
3:00 – 3:45 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
3:45 – 5:00 PM
A key area of concern for FINRA in 2018 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
• Cybersecurity in the news: recent cases
• Key cyber risk management focus areas

Conference Ends
5:00 PM


This is a live broadcast of our
Broker-Dealer Accounting Conference 2018



Wesley Althoff, Assistant General Counsel, SIFMA

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


This is a live broadcast of our
Broker-Dealer Accounting Conference 2018


No results found.


No results found.