We find ourselves in the middle of an economic recession, as Dr. Marci Rossell (AICPA Keynote speaker and former CNBC Chief Economist) stated, caused by forces from the outside in rather than from the inside out. Simultaneously, we as a banking industry are trying to implement one of the most controversial, most complex, and perhaps most comprehensive standards we have seen in a long time. Valuant has taken this opportunity to provide some high-level insights gathered over the past several days from comments shared by banks, auditors, regulators, and others at the conference...download the full recap
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