Overview
This is the one self-study webinar where you'll hear directly from FINRA, CFTC and PCAOB regulators on their latest initiatives and key priorities. Discover how these decisions may influence your company’s practices and bottom line, get critical updates on regulatory, accounting and auditing issues, and keep up with recent developments, such as the use of cryptoassets, and the ongoing impact of COVID-19.
Through our comprehensive agenda and immersive online platform, you’ll gain expert guidance and real-world strategies from current and former regulators, Big 4 leaders and other industry specialists on implementing the latest accounting standards, dealing with regulators, mitigating risks, and more.
AGENDA HIGHLIGHTS
• State of the Brokerage Industry
• The Impact of COVID-19
• Regulatory Trends, Industry Initiatives & Challenges
• Technical Accounting Update
• PCAOB Update
• Accounting for & Auditing of Digital Assets
• Comments from the CFTC
• SEC Enforcement Issues
• Cybersecurity & Ransomware
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.
PREREQUISITE None. ADVANCE PREPARATION None. PROGRAM LEVEL Update. NASBA FIELD OF STUDY Accounting.
DELIVERY METHOD Self-Study.
Speakers
CONFERENCE SPEAKERS
Benjamin Castelli, FSO Assurance Senior Manager, EY
Michael Gonzales, Partner, Ernst & Young LLP
Bobbi Gwinn, Professional Practice Director, BDO
John Iacobellis, Assurance Partner, BDO
Tyler Kane, Director, Office of Financial & Operational Risk Policy, FINRA
Bob Lehman, Partner, Lehman & Eilen LLP
Taylor McFarland, Former Inspections Specialist, PCAOB, Professional Practice Director, Audit Quality, BDO
Kathryn Mahoney, Senior Director, Financial & Operational Risk Policy, FINRA
Adam Nava, Partner, Citrin Cooperman
Gerald Nudge, Associate Director, Branch Chief – Eastern Region, CFTC
Gregory Schu, Partner, BDO USA, LLP
Justin Sutherland, Enforcement Accountant, SEC
Anthony Vinci, Director, Financial and Operational Risk Policy, FINRA
Mike Walters, Associate Director, PCAOB
Keith Zielenski, Managing Director, Protiviti
Detailed Learning Objectives
• Identify the recent topics on the FASB’s technical agenda
• Identify the primary characteristics of recently published ASUs
• Recognize the market participants that would be directly impacted by the SEC proposal to expand the definition of “dealer” and “government securities dealer”
• Identify business activities available to a non-covered firm
• Recognize the topics discussed within the PCAOB’s 2022 Forum for Auditors of Small Businesses and Broker-Dealers
• Recognize topics discussed in specified recently issued Regulatory Notices and Information Notices
• Recognize highlights of the 2022 Report on FINRA’s Examination and Risk Monitoring Program
• Identify highlights of the PCAOB Annual Report covering the FY 2021 inspection programs related to the auditors of brokers and dealers
• Identify current accounting and auditing issues associated with cyber currencies
• Recognize the recent topics addressed by the CFTC
• Identify recent SEC enforcement focus areas
• Recognize the monetary threshold for which broker-dealers must timely file SARs with FinCEN
• Recognize the characteristics of the SEC’s Regulation Best Interest requirements
• Recognize the current SEC administration’s relative interest in the crypto assets market
• Recognize the extent to which the federal securities laws are applicable to digital asset transactions
• Identify the upcoming projected trend in cybersecurity worker shortages in the US
• Identify the current role of the BOD in cybersecurity matters
• Recognize the current threat level of ransomware to global businesses