About the
Untitled DocumentCommittee
Action Plan
Who
We Are
The
Banking Committee is a multi-disciplinary statewide technical committee of the
New York State Society of Certified Public Accountants (NYSSCPA) that acts as a
resource to society members and the public regarding current and developing
domestic and international accounting issues and regulations, financial and
management reporting, and business issues affecting the banking
industry.
What
We Do
The
Committee’s objectives include but are not limited to:
- Addressing
technical questions from NYSSCPA members.
- Providing
continuing professional education and presentation opportunities by conducting
educational conferences and technical sessions in coordination with the
Foundation for Accounting Education (FAE).
- Monitoring
new accounting rules and legislation related to the banking industry.
- Offering
opportunities to provide comments on proposed new domestic and international
standards, exposure drafts, pronouncements or similar documents, as well as
implementation and interpretive guidance.
- Affording
networking and discussion opportunities of current topics at committee
meetings and educational sessions.
- Disseminating
information through articles in The CPA Journal, The Trusted
Professional and other publications.
- Partnering
with other internal and external professional committees that serve the
banking industry (for example, the NYSSCPA Anti-Money Laundering and Counter
Terrorist Financing Committee, the Association of International Bank Auditors,
and the Financial Executives Networking Group) to provide presentations on
timely topics.
- Building relationships with banking associations such as
the American Bankers Association, New York Bankers Association, Independent
Bankers Association of New York State, The Clearing House, and the Institute
of International Bankers, and with regulators such as the
Federal Reserve, New York State
Department of Financial Services, Securities and Exchange Commission, Office
of the Comptroller of the Currency and the Federal Deposit Insurance
Corporation.
Who
Should Join
All
NYSSCPA members in the banking industry as well as those in private practices
who audit or provide advisory services to the industry should join. In addition,
CPAs from regulatory agencies are encouraged to join.