Registration for this event is now closed. Onsite registration for members will be taken.

Date: Tuesday, February 23, 2010
Time: 9:30 – 11:00am 
Location: FDIC, 550 17th St., NW, Washington DC 20429
Directions: Farragut West (Blue and Orange line)

Free to members--this is a WHF member-only event

Light breakfast will be served

Speakers:

• Rachel Mincin, Associate Chief Accountant, SEC
• Kathy Murphy, Chief Accountant, Office of the Comptroller of the Currency

Program Description: Chief /Senior Accountants from the SEC and the Office of the Comptroller of the Currency (OCC) will discuss:

• Hindsight of the recent financial crisis:  The issues related to accounting rules during the crisis and the impacts/considerations for financial institutions
• Recent changes to the accounting rules for securitized assets to be brought onto the balance sheets of financial institutions that recently took effect
• Proposed changes through the FASB/IASB convergence process and the issues/concerns that regulators have regarding some of the proposals being discussed for financial institutions

Speaker Bios:
Kathy K. Murphy is the Chief Accountant at the Office of the Comptroller of the Currency (OCC).  As Chief Accountant she serves as the OCC’s authoritative source for bank accounting and financial reporting, providing accounting counsel to examiners, the banking industry and the accounting profession.  She also represents the OCC on the Federal Financial Institutions Examination Council’s Reports Task Force and the Accounting Task Force of the Basel Committee on Bank Supervision. 

Ms. Murphy joined the OCC in 2002 after serving in public accounting with two large national accounting firms. She graduated from the University of Maryland cum laude with a bachelor of accountancy and finance degrees.  She is also a Certified Public Accountant and a member of the American Institute of Certified Public Accountants and Women in Housing and Finance. 

Rachel Mincin is an Associate Chief Accountant in the Office of the Chief Accountant of the U.S. Securities and Exchange Commission.  Ms. Mincin’s responsibilities include following the activities of professional accounting standard setting bodies both within the United States and internationally, consulting with registrants on accounting and reporting matters, and participating in the development of the Commission’s and other standard setting bodies’ interpretation and rule proposals. Her current areas of emphasis include financial instruments, consolidation and employee compensation.

Ms. Mincin joined the SEC’s Office of the Chief Accountant in December 2007, after spending a year as a Senior Policy Accountant with the Office of the Comptroller of the Currency. Prior to joining the Office of the Comptroller of the Currency, Ms. Mincin spent six years in the SEC’s Division of Corporation Finance focused mainly on the financial services industry practice group.  Prior to joining the Commission, Ms. Mincin worked in public accounting for PricewaterhouseCoopers. 

Ms. Mincin holds a Bachelor of Science degree in Accounting from the University of Virginia.  She is a Certified Public Accountant

For questions on the program content, please contact either Lindsey Johnson at (202) 638-3091 or lindseyj@fhlbatl.com or Vanessa Hester at (703) 562-6157 or Vhester@fdic.gov.  Please call the WHF office with any other questions.

Cost: Complimentary, WHF Members Only.  Not a member? Call WHF at 703-683-4742 and we would be happy to assist in getting you signed up for membership.

RSVP: Please RSVP no later than Monday, February 22, 2010 at 12:00 pm

Continuing Professional Education (CPE) Information:

Target Audience:  Financial and accounting professionals.

 Objective:  After attending this program, participants will be able to identify key accounting implications that impacted financial institutions during the financial crisis and recent changes to related accounting standards.

Program Level:  Overview. 

Prerequisite:  None.

Advanced Preparation:  None

Method of Presentation:  Group – Live (lecture).

Recommended CPE Credits:  1½ hours maximum.

Sponsored learning activities are measured by program length, with one 50-minute period equal to one CPE credit.  One-half CPE credit increments (equal to 25 minutes) are permitted after the first credit has been earned in a given learning activity.  Please note that not all state boards have adopted this rule.  Some participants may not be able to use one-half credit increments.
 
Refund Policy:  Not applicable.  Individual participants are not charged a fee for attendance at this program.

Complaint Resolution Policy:  Complaints regarding this program should be directed to the FDIC’s Administrator of Continuing Professional Education at (202) 898-7289.