Wednesday, June 22, 2022 from 7:00-8:45 am. 

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The Savannah Golf Club

1661 East President Street

Savannah, GA 31404

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Geoffrey Kent 
CFO Council of Savannah 
Changes in Accounting For Leases and the Impact it will have on Banking Loan Covenants    

Plan to join us on Wednesday, June 22nd as we welcome Shannon Brett, CPA and Partner with Holland, Bromley, Barnhill and Brett and Nick Harty, Senior Vice President with Great Oaks Bank as they discuss changes in financial statement accounting in accordance with Accounting Standards Codification  (ASC) Topic 842 and the potential impact it will have on an organization's bank loan covenants. 

About our Speakers

Shannon Brett began her career in 1993 as an auditor with Price Waterhouse after graduating summa cum laude from Georgia Southern University and passing the CPA exam on her first attempt. In 1996, Shannon joined Holland & Henry and became the fifth partner in January 2005. Her audit experience spans the manufacturing, distribution, nonprofit, real estate and employee benefit plan areas of our practice. Additionally, Shannon has extensive experience conducting internal control evaluations and assisting small businesses with establishing general ledger systems and complying with tax and financial reporting requirements. Shannon also has experience leading fraud investigations.

Shannon is licensed in Georgia and North Carolina and is a member of the Georgia and North Carolina Societies of Certified Public Accountants, the American Institute of Certified Public Accountants, and the Association of Certified Fraud Examiners. She currently serves on the advisory council for the Georgia Southern University School of Accountancy and as co-treasurer of the Coastal Children’s Advocacy Center. She is a member of Junior League of Savannah and the Savannah Board of Realtors and serves on the Campaign Committee of the United Way. She previously served on the boards of Park Place Outreach and Interfaith Hospitality Network and on the Emerging Leaders Committee of The Savannah Community Foundation.

Nick Harty joined Great Oaks Bank in September 2021. He brings over twenty years of banking experience to his new role as Savannah Market Executive. Nick is responsible for opening and developing the Savannah office of Great Oaks Bank, set to open in May 2022 at the corner of Montgomery Crossroads and Hodgson Memorial Drive.

A Savannah native, Nick is a graduate of Benedictine Military School. He received his Bachelor of Business Administration degree from the University of Georgia, and a mini -MBA from Clemson University. He serves as 3rd Vice President of the Propeller Club, Port of Savannah, and as Chairman of the Board of Stewards for The Hibernian Society of Savannah. He is an affiliate member of the CFO Council of Savannah and of the Realtor’s Commercial Alliance of Savannah/Hilton Head.

About our Sponsors:

Holland, Bromley, Barnhill & Brett, LLP is a full service Certified Public Accounting firm located in Savannah, Georgia. Originally founded in 1993 by two partners with significant experience in working for 'Big Four' accounting firms, Holland, Bromley, Barnhill & Brett, LLP has a strong history of providing exceptional accounting service and business advice to a wide variety of clients throughout Georgia, Florida, South Carolina, and North Carolina.

Holland, Bromley, Barnhill & Brett, LLP tailors advice to help individuals and businesses of all sizes increase profitability, minimize taxes and strengthen operating efficiency.  We focus on delivering excellent client service and maintaining lasting business relationships with client organizations and the individuals who represent them.

In 1934, Citizens Clearing Bank was established to serve Eastman and Dodge County, Georgia. After 32 years of business, the bank’s name was changed to Citizens Bank & Trust Company. In 1985, the bank was acquired by the W. S. Stuckey family and expanded to surrounding central Georgia communities.

In 2018, we began to envision a new roadmap for Citizens Bank—one that preserves our community bank model and allows expansion beyond our Middle Georgia roots. It was quickly evident that a name change would be necessary to avoid naming conflicts with other banks.

On June 30, 2020, the bank changed its name to Great Oaks Bank, which celebrates the strength, endurance, and majesty of the great and mighty oaks that grace our landscape and symbolize who we are, where our roots are, and our vision for a bright, growing future. Like us, they have withstood the tests of time, and they keep growing and reaching higher.

Attendance guidelines:

Senior Financial Executives (SFE's): Up to 2 per company per meeting. SFE’s are company management personnel who are responsible, directly or indirectly, for the financial management and financial well being of an organization. SFE’s may include but are not limited to: CFO’s, Controllers, Vice President-Finance, Treasurer, President, CEO, Business Owners. etc.

Resource Company Representatives (RC): Up to 1 per company per meeting. Resource companies are defined as companies that provide services and expertise that may be of value to SFE’s. Representatives of resource companies are people who are not involved in the financial management or decision making of the Company. Resource companies may include but are not limited to banks, insurance providers, lawyers, investment advisers, public accountants, colleges, staffing/recruiting, payroll providers, consultants, bookkeepers, etc.

If you are new to the CFO Council or have not attended a meeting in the last eighteen months, we encourage you to attend the April meeting free of charge. The CFO Council is a great way to network with fellow finance professionals while enjoying a wonderful breakfast at the Savannah Golf Club. Annual dues are $185 for 2022 and can be paid on the Council's website at www.cfocouncil.com.

More Information

Thank you for your attention and response and we look forward to seeing you on Wednesday the 22nd.

Geoff Kent

CFO Council of Savannah


(912) 655-3907