2560  |  Virtual Training  |  Update  |  Scheduled

OSCPA's Banking & Industry Summit - VIRTUAL

Tuesday, April 20, 2021 8:30am - 4:25pm

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Pandemic Update: With all the changes this pandemic has brought, we understand you may have questions and concerns regarding continuing education offered by the Society. The safety of our attendees, discussion leaders and staff is always top of mind and our number one priority is to continue offering CPE options as safely as possible with the same quality and quantity you have come to expect. Please visit our Pandemic and OSCPA CPE: What to Expect page for more information.

The OSCPA's Banking & Industry Summit is specially tailored for our members working in corporate finance and banking. Stay current on hot topics by attending sessions on FASB's CECL Standard, cybersecurity, transitioning to the cloud and COVID-19 impacts on the profession. Join us virtually for the OSCPA'S Banking & Industry Summit for 8 hours of recommended CPE credit.

Don't miss our first-ever OSCPA's Industry Member Mix and Mingle where you can team up and go head-to-head for an online trivia contest and win prizes! Register today for this member only event!

Looking to sponsor this event? Reach out to the OSCPA Partnership Team for more information.


Designed For

CPAs working in banking or corporate finance roles

Your Price: $299.00

This is your base price and does not reflect any additional session fees, optional add-ons, or guest registrations.

Members log in and save $100.00 on this event. Not a member? join today.


Tuesday, April 20, 2021

8:30am - 10:10am

With the public companies now adopting ASC Topic 326 (i.e. CECL), adoption of the new standard is right around the corner for private companies. With more than it's fair share of debate (which continues among key industry groups), private companies (primarily financial institutions) must be prepared to navigate the comprehensive overhaul of the existing incurred loss model.
Leaders from HoganTaylor's Financial Institution Group will provide you with an in-depth understanding of the key provisions of the new standard, the critical importance of underlying data, necessary changes to key internal controls and processes, and financial reporting and disclosure requirements, as well as implementation challenges and strategies.:

  • Define the fundamental requirements of CECL and describe key differences compared to current GAAP, as well as understand the primary reasons driving adoption of the new standard.
  • Recognize the key criteria for selecting the appropriate model and critical requirements for successful implementation.
  • Identify the primary financial reporting and disclosure requirements of the new standard.
Credits: Accounting 2
10:25am - 12:05pm

This session will provide an overview of COVID-19 cybersecurity trends and statistics. This presentation will hit on the biggest cybersecurity threats facing the financial services industry and share best practices to help organizations identify and deter cyberattacks.

  • Evaluate how COVID-19 has affected cybersecurity preparedness.
  • Identify dangerous existing cybersecurity threats.
  • Discuss strategies to detect, respond to and mitigate cyberattacks.
Credits: Information Technology 2
12:50pm - 2:30pm

Learn from a team of experts from the most influential regulators across the country as they discuss the impact of COVID-19 on the profession, moderated by OSCPA Member Neil Schemmer, CPA.

  • Discuss impacts of COVID-19.
  • Offer advice and insight on how to navigate a pandemic world.
Credits: Specialized Knowledge - Banking 2
2:45pm - 4:25pm

Due to the COVID-19 outbreak, more and more Americans were forced to work remotely. This task was severely hindered by the brick and mortar environment of organizations' networks. Gain the knowledge and steps to securely and safely transition to a more remote world.

  • Overview of cloud storage capabilities.
  • Discuss options and steps to transition existing networks.
Credits: Information Technology 2


Wayne R. Arbuthnot

Wayne Arbuthnot, CPA, CTE, currently serves as assistant deputy commissioner and has been employed with the Oklahoma State Banking Department for 27 years, examining both banks and trust companies. He is also a Certified Trust Examiner.

Brandon Elder

Brandon B. Elder, CPA, is a safety and soundness examiner for the Office of the Comptroller of the Currency (OCC) in the Wichita, KS, field office. He joined the OCC in 2007 after working in the financial institutions group at a public accounting firm. He has worked as a mid-sized/community bank field examiner in the OCC’s Phoenix, AZ, San Diego, CA, and Wichita, KS, field offices. Brandon is a member of the OCC’s CECL examiner cadre and he contributed to interagency review and assessment of the CECL standard while on assignment with the OCC’s Office of Chief Accountant. He graduated from Fort Hays State University with a bachelor’s degree in accounting and he is a CPA.

Doug L. Gray

Doug Gray, MBA, MIS, CFA, is an assistant vice president in the Examination and Inspections department at the Federal Reserve Bank of Kansas City’s Oklahoma City Branch. He joined the Federal Reserve Bank of Kansas City in 2000 and served as a field examiner for six years, specializing in Bank Secrecy Act, market and liquidity risk and investment portfolio evaluations.He now oversees a staff of examiners responsible for community bank safety and soundness examinations. He holds a B.A. degree in Economics and an M.B.A. with an emphasis in Finance and MIS from the University of Oklahoma. He also earned a Chartered Financial Analyst (CFA) charter in 2005.

Juston Michealson

Juston Michealson is a Sales Consultant at CS3 Technology and public speaker for CS3 Advisors. He graduated from the University of Central Arkansas with degrees in public relations and communications in 2010. He started out selling big datacenter hardware and has worked in technology sales ever since. He now sells anything from data solutions to full suite HCM and ERP. Michealson lives in Springdale, Ark. with his wife and daughter.

Carolyn Penaluna

Carolyn Penaluna, CPA, CFE is a Supervision Analyst with the National Credit Union Association. She graduated with an accounting degree from Texas Wesleyan University in Fort Worth, TX. She was an Audit Supervising Senior for KMG Main Hurdman and KPMG Peat Marwick until she left public accounting to work in industry. In 1991, she relocated to Shreveport, LA to work at Barksdale FCU. She worked there for 8 years, first as accounting manager and then CFO. Carolyn joined NCUA in January 1999 as an examiner in Shreveport, LA and transferred to DFW in 2005. She was promoted to a DOS Supervision Analyst in August 2012. She was chosen as one of two Region IV Examiner of the Year recipients for 2004 and 2012 and Specialized Examiner of the Year for 2018. She is a licensed CPA and is a member of the TSCPA and AICPA. She is also a Certified Fraud Examiner.

Neil P. Schemmer

Neil Schemmer, CPA is the Director of Special Assets for First United Bank. He has worked in the banking industry for thirty-five years, serving in the capacity of Controller, Chief Financial Officer, Chief Lending Officer, President and CEO. Prior to his employment in the banking industry, he worked in public accounting and the oil and gas industry. He is a graduate of Oklahoma State University with a Bachelor of Science degree in Agricultural Economics and Accounting. He is a certified public accountant, a member of the AICPA and OSCPA.

Cerone F. Sturdivant

Cy Sturdivant, CISA is a Director within the Cyber Division of BKD's Nashville office. He has worked in the Public Accounting and Banking industries for the past 16 years. His career has been focused on GLBA, FFIEC, NIST, and industry best practices related to Cybersecurity. Cy has been a practicing CISA since 2009 and has a BSBA in Accounting/Finance with an Executive MBA in Management and Leadership.

Danita Thompson

Danita Thompson, CPA is the Regional Accountant for the Dallas Regional Office of the FDIC. She is responsible for reviewing and analyzing complex and difficult accounting and auditing matters as they relate to bank examinations, investigation efforts or other requests. Danita answers accounting questions for case managers, field examiners, state banking agencies, bankers, and CPAs of financial institutions. She is also responsible for educating regional personnel and state banking agencies on accounting matters. Previously, Danita served as a commissioned examiner in the FDIC’s Houston, Texas field office. She is a Certified Public Accountant licensed in the state of Texas and a member of the American Institute of Certified Public Accountants. She graduated with a Bachelor of Business Administration degree in Accounting from West Texas State University, Canyon, Texas.

Troy Vars

Troy Vars has over 22 years of experience in business operational excellence from his first role as a warehouse clerk to his current role of Senior ERP Consultant. His journey from Sigma Six Blackbelt client/user/developer of ERP systems to Consultant has given him a wide variety of experience and tools to leverage for his clients with CS3 Technology. He wears many hats at CS3 including digital prophet, inventory systems optimizer, and asker of tough questions. In his free time, he can be found behind the canvas doing a Bob Ross Painting or being an excellent grandpa to a growing family.

Richard A. Wright

Richard A. Wright, CPA, has over 28 years of public accounting experience with the firm and currently serves as the managing partner for the Oklahoma City office. During his career, he has provided assurance and consulting services to companies in a variety of industries, focusing primarily on financial institutions and nonprofit organizations. He also served as the Director of Internal Audit for a $1 billion credit union.

He has been serving community banks and credit unions for over 27 years. He has provided assurance, accounting and advisory services to institutions ranging from under $100 million to over $1 billion in assets. In addition to traditional external audits, his experience also includes directors exams, internal audits, M&A transactions, FDICIA internal control projects, and fraud/forensic accounting examinations, among other services and special projects.

Beyond his client service role, he is active in the business community through local chambers of commerce and business organizations. He is involved in community service through the United Way of Central Oklahoma and other nonprofit organizations. He serves on the Accounting Advisory Board for his alma mater, the University of Central Oklahoma, and enjoys investing in the next generation of leaders at the firm. In addition to his undergraduate degree, he also has an MBA from Oklahoma City University.

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