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Accounting and Financial Reporting Update

Tuesday, November 16, 2021


1:00 PM CT


2:30 PM CT

Program Description

Wondering which new accounting standards have taken effect and which ones are on the horizon? Want to consider the implications they’ll have for your financial reporting? Whether your bank is public or private, this update will cover current accounting standards and their effects on financial statements and disclosures, and help your bank prepare for recently issued but not yet effective accounting standards and their expected impact on financial statements and disclosures.


    The following topics will be highlighted during this presentation:

    - FASB developments
    - CECL update
    - LIBOR transition
    - Environmental, social, and governance (ESG) developments
    - Regulatory matters
    - Digital asset developments


Mark Shannon

Audit Partner, Crowe LLP

Mark is a Partner in Crowe’s national office. His responsibilities include supporting Crowe’s financial services audit practice on technical accounting questions, including issues related to the rules and regulations of the U.S. Securities and Exchange Commission (SEC). In this role, he devotes significant effort to the firm’s SEC audit practice – consulting on SEC rules and filing requirements, securities offerings, comfort letters, and comment letters. He serves as a designated liaison to the SEC on practice matters related to accounting, financial reporting, and regulatory issues.

About Crowe LLP
Crowe is one of the largest public accounting and consulting firms in the U.S. Using its deep industry expertise Crowe provides audit services to public and private entities, while also helping clients implement internal controls, streamline operations, manage risk, and improve performance with tax, advisory, risk, and performance services. With more than 50 years of experience, Crowe serves more than 1,800 financial services organizations of all sizes.


Registration to the live session includes:

  • One online connection

  • CPE credit for registrant

  • Permission to reproduce the handouts and other written material for additional attendees at your location

Only registered attendees of the live session can obtain CPE credit

Credit Hours

Earn up to 1 hour of CPE

  • Level:



  • Prerequisites:

  • Advance Preparation:

  • Field of Study:

  • Instructional Method:

  • Length:

60 Minutes

Accounting - Technical


Group Internet Based


For more information regarding administrative policies such as concerns or refunds, call 312-578-1300. FMS is registered with the National Association of State Boards of Accountancy as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses. Complaints regarding sponsors may be addressed to: The National Registry of CPE Sponsors, 150 Fourth Avenue, North, Suite 700, Nashville, TN 37219-2417 Web:


  • Member Price:

  • Non-Member Price:



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