Expert Panel Discussion – Implementing FASB’s Changes to Hedge Accounting
August 24, 2017 | 2-3:30PM ET | 1.5 hour | Online | by Chatham Financial | CPE and CTP credit Available
Join us for a live video webcast where experts from the FASB, EY’s national office, GE, Comerica, and Chatham Financial will discuss the upcoming changes to hedge accounting and the resulting impacts and opportunities they will create for companies’ hedging programs. The updates to hedge accounting are expected in the next month or two and will be available for immediate adoption. Listen to this panel of experts to ensure you are prepared for these important changes. This is an event you won’t want to miss!
During this event, we will cover the following learning objectives:
– Understand the key changes to the hedge accounting guidance
– Recognize the new opportunities and strategies that will be available
– Understand the timing of changes and important considerations for transition
Jeff Gabello, FASB – Jeff is a Supervising Project Manager with the Financial Accounting Standards Board (FASB). He joined the FASB in May 2014 and is the lead on the hedge accounting project. Prior to joining the FASB, Jeff worked for five years as an Accounting Policy Manager at IBM in Somers, New York, focusing on assessing the impact of FASB and IASB standard setting activities on the company. Prior to that, Jeff worked for eight years as the Assistant Director of External Reporting at UBS AG in Zurich, Switzerland, focusing on IFRS, GAAP and SEC reporting. Jeff holds a Bachelor’s Degree in Accounting from the University of Scranton and an MBA from Cornell University.
Kevin Kispert, EY – Kevin has almost 25 years of experience with Ernst & Young serving in Professional Practice, Transaction Advisory and the Financial Services Office. Kevin currently serves as a partner in EY’s Americas Professional Practice department in New York where he is responsible for consultations on a variety of accounting issues, including derivatives & hedging, fair value measurements and financial instruments. Prior to joining Americas Professional Practice, Kevin was a partner in the Transaction Advisory Services Group. Kevin also worked in EY’s Financial Services Office in New York. Kevin graduated from the Columbia University Graduate School of Business with a Masters in Business Administration, concentration in Finance. He is a certified public accountant licensed in the state of New York and has a Bachelor of Science degree in Accountancy from the University at Albany.
Russel Botha, GE – Russel is a global technical controller in the GE technical center of excellence, focused on advising both GE capital and industrial businesses on all derivative, foreign currency and borrowings related matters, together with SEC reporting. Russel joined GE in 2010 as part of the Treasury business. Prior to GE Russel was a managing director in investment banking for over 10 years, focusing on fixed income, currency and commodity derivative sales and structuring for both corporate, financial institution and sovereign clients at Goldman Sachs and Lehman Brothers. Russel is a qualified chartered accountant and has a masters degree in Applied Statistics from University College London, a masters degree in finance from the University of Cape Town.
Muneera Carr, Comerica Bank – Muneera is the Chief Accounting Officer and Controller. Prior to joining Comerica, Muneera was a Professional Accounting Fellow in the Office of the Chief Accountant at the U.S. Securities and Exchange Commission from 2007 through 2009. Muneera has performed the accounting policy function at major banks such as SunTrust and Bank of America. She also spent nine years with PricewaterhouseCoopers LLP. Muneera graduated summa cum laude with a Bachelors of Business Administration degree in Accounting from University of Texas in Arlington in 1996. She is a Certified Public Accountant in Texas and is a member of the Financial Reporting Executive Committee, a senior technical committee of the American Institute of Certified Public Accountants. Muneera is also a member of the Accounting Committee of the American Bankers Association. She is a former member of the Valuation Resource Group.
Aaron Cowan, Chatham Financial – Aaron leads the Corporates Accounting Advisory team providing solutions for FX, interest rate, and commodity risk, including hedge accounting. Prior to joining Chatham, Aaron worked at JPMorgan Chase in Chicago as a Vice President in the Corporate Accounting Policies group. Aaron also worked as a Manager in PricewaterhouseCoopers’ Transactions Services practice in New York and Chicago providing technical accounting and valuation assistance to audit and non-audit clients on complex areas of US GAAP, including derivatives and hedging, consolidations, and business combinations. He also spent one year at the Financial Accounting Standards Board in Connecticut as a technical assistant. Aaron graduated cum laude from the University of Utah with a BS in Accounting. He also earned an MBA in Finance from Indiana University. Aaron is a CPA in the state of New York and a CFA charter holder.
Dan Gentzel, Chatham Financial – Dan is a Managing Director and leads Chatham’s Accounting Advisory team, which advises clients on valuations and accounting for derivatives and hedging activities. Dan joined Chatham in 2003 providing hedge accounting advisory to a wide range of clients across our business sectors. Prior to Chatham, Dan worked in the assurance practice at Ernst & Young, where he managed the audits of several large regional financial institutions. Dan also served as the derivatives valuation specialist for Ernst & Young’s Mid-Atlantic region. Dan is a CPA, a member of the AICPA and serves as a member of the International Accounting Standards Board’s Valuation Experts Group, which is assisting the Board with the development of educational material for IFRS 13, Fair Value Measurement. He received his BS in Business Administration, cum laude, from Bloomsburg University.