CFO Network

The CFO Network brings together Chief Financial Officers and finance professionals within Minnesota community banks. Each network event includes discussions about financial management, regulatory compliance, and strategic planning, providing a platform for networking and knowledge exchange.

Network meeting topics are decided by members to ensure each event provides the highest value and covers the unique challenges and opportunities of our member banks. This network is open exclusively to the employees of BankIn Minnesota member banks. It is an opportunity for our bank members' professionals to share ideas and best practices.  

Pricing: Complimentary for Bank Members only

10:00 -11:30 – Welcome & Expert Presentation 
11:30 – 12:15 – Lunch 
12:15 – 2:00 – Banker to Banker Discussion 

Presentation Title: CFO Trends

Get a comprehensive of trends in community banking. The network will be participation focused. In addition to receiving expert advice on trends, topics and issues facing community banking, the facilitator will drive participation amongst attendees for open and honest dialogue.

Key Takeaways:
1. Liquidity update & Balance sheet repositioning 
2. Current Exam Trends 
3. Check Fraud 
4. TDM Reporting in the call report 
5. Ramping up toward $500 Million 
6. Open CECL Q&A 

Who Should Attend: All CFOs

Presenter: Michael Flaxbeard is a member of the Financial Services Practice and the Higher Education Practice. He has more than ten years of experience providing audit and consulting services to both publicly traded and privately held financial institutions, including banks, credit unions, broker-dealers, investment funds, and fintech firms. He has extensive experience with SEC reporting requirements and integrated audits under SOX Section 404. Michael also has successfully assisted attest clients through the public registration process and is familiar with the reporting, regulatory, and compliance requirements associated with an initial public offering. 
For privately held financial institutions, he has significant experience with reporting requirements and integrated audits under Statements on Standards for Attestation Engagements No. 15 stemming from regulation by the FDICIA.
Michael has a passion for educating his clients and consistently provides CECL education, implementation, and validation consulting services. He sits on FORVIS’ National CECL Committee and is called upon as a national resource for CECL presentations, FORsights™ development, and technical guidance. He also performs integrated audit implementation and outsourced internal audit consulting, ASC 842 adoption guidance, and consulting services that review fintech and traditional banking partnerships. 

He is a participant in FORVIS’ innovation efforts to the accounting, audit, and consulting industries. He has participated in internal innovation tournaments aimed at creating and developing new services to better serve clients using cutting edge evolving technologies, and he is an active member of FORVIS’ Innovation Committee. Through his involvement on the committee, Michael has assisted with the development of an artificial intelligence application aimed to modernize current audit practices. He continues to help manage pilot testing of the application for FORVIS attest clients. 


5/22/2024 10:00 AM - 2:00 PM
BankIn Minnesota - SHAZAM Education Center 7900 International Dr, Ste 685 Bloomington 55425

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