2024 AICPA Conference on Banks & Savings Institutions
Issues & Trends | September 2024
Insights for banks and savings institutions from bankers, regulators, standard setters and industry experts.
KPMG reports on the key messages from this year’s conference – including modernization of the banking industry, the latest on the economy, regulatory observations, and updates on relevant standard setting.
Applicability
- All financial institutions
Relevant dates
- Applicable immediately
Key impacts
Speakers at the AICPA National Conference on Banks and Savings Institutions, which took place September 9-11 in Greater Washington, DC, covered an array of topics. Technology transformations and AI rang through the conference as central themes. Also prominent were discussions on the economy, the regulatory environment and standard-setting activities. Future success in the banking industry may be largely driven by the ability to embrace change, leverage technology, and expand one’s role in a complex, multi-stakeholder environment.
Report contents
- Meeting highlights
- Slowdown, strength, and uncertainties
- Guarding against complacency
- Observations from the SEC on consultations and disclosure
- FASB standard-setting: 2024 and beyond
- The modernization of the banking industry
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