October 2025 Financial Services Audit Committee Overview

Mandi Simpson, Giulio Camerini, Sydney Garmong, Corey Pfeifer, Mark Shannon
10/9/2025

Note: Only attendees of the live webinar are eligible for CPE or CLE credit for qualifying webinars. If you view the webinar recording on this page you may not be eligible for CPE or CLE. For questions about CPE, contact [email protected].

This recording provides audit committee members and other professionals at financial services companies with an overview of financial reporting developments and recent regulatory updates to inform their responsibilities.

In addition, Crowe professionals cover tax impacts of the One Big Beautiful Bill Act (OBBBA) as well as key observations from loan review activities. We connect credit trends to allowance for credit loss estimates, so you can help your organization better prepare for what’s ahead.

As a result of watching this recording, you should be able to:

  • Describe the latest financial reporting developments and related requirements affecting financial services companies, including developments from industry regulators
  • Explain the OBBBA’s tax impact for financial services companies
  • Discuss loan review activities across the country, including evolving economic trends and elevated risks
  • Identify the impact of recent credit trends and forecasted outlooks on allowances for credit losses

Topics in this webinar include:

  • Accounting and financial reporting update – 2:17
    • Recap of AICPA banking conference – 2:34
    • FASB updates – 11:10
    • SEC developments and regulatory agenda - 19:36
  • Tax update – 28:00
  • Loan review and credit update – 42:12
  • CECL in relation to loan review and credit – 1:10:02
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Mandi Simpson
Mandi Simpson
Partner, Accounting Advisory Leader
Guilio Camerini
Giulio Camerini
Principal, Consulting
Sydney Garmong
Sydney Garmong
Partner, National Office
Mark Shannon
Mark Shannon
Partner, National Office