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Greater Washington AFP

GWAFP Spring Training - May 2019

  • 15 May 2019
  • 11:30 AM - 3:00 PM
  • PNC, Washington DC


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Spring Training Event - May 2019


May 15, 2019


PNC Bank, 800 17th Street, NW, Washington, DC 20006


PNC Bank
INTRODUCTION 11:30 - 11:40 a.m. Welcome and Introductory Remarks, GWAFP President, Allison Questel


11:40 - 12:30 p.m.

"United States Postal Service: This Is Not Your Father’s Corporate Treasury” - Speaker: Gregory Prescott, CFA, CTP, Manager, Banking, Fraud, and Risk Mitigation, USPS

12:30 - 1:00 p.m.

Buffet Lunch and Networking

1:00 - 1:50 p.m.

“Invoice Automation: Advancing the AP Process” - Speaker: Dana DiOstilio, VP, PNC Financial Services

2:00 - 2:50 p.m.

“Revenue Recognition: What You Should Know” - Speaker: David H. Semendinger, Partner, Quality Control Services Group, Aronson LLC


Members: $35

Non-Members: $85

On-line at


“United States Postal Service: This Is Not Your Father’s Corporate Treasury”

Originally established in 1775, with Benjamin Franklin as the first Postmaster General, the US Postal Service had approximately 75 post offices and in 1790, took in approximately $37.9 million in income. Today, the Postal Service handles over 146 billion pieces of mail each year, and has income of over $70 billion. With a system of banks nationwide, and leading cash management tools, its Treasury group is responsible for moving over $300 million a day in receipts. Mr. Prescott will walk you through what the Corporate Treasury team does to safeguard the organization’s liquidity.

Speaker:   Gregory Prescott, CFA, CTP, Manager, Banking, Fraud, and Risk Mitigation, USPS.

Mr. Prescott is the Manager, Banking for the United States Postal Service. He manages the bank relationships for 11 nationwide banks, and is responsible for movement and processing of $24 billion in cash and checks from the USPS post offices. Mr. Prescott also manages the $33 billion ACH debit and credit processor relationship for their large commercial mailers, as well as their lockbox bank operations that handles $6 billion a year. He earned his CFA designation in 2001, and has been a Certified Treasury Professional since 2006.

“Invoice Automation: Advancing the AP Process”

Speaker:  Dana DiOstilio, VP, PNC Financial Services.

“Revenue Recognition: What You Should Know”

Speaker: David H. Semendinger, Partner, Quality Control Services Group, Aronson LLC



Course attendance recommended for 1 CPE, CAE, CTP and FP&A credit per 50 minutes.

Delivery Method: Group-live

Program Level: Intermediate

Prerequisites: No Prerequisites Required

Advanced Preparation: No Advanced Preparation Required

Please note: Greater Washington Association of Financial Professionals is no longer registered with the National Association of State Boards of Accountancy (NASBA). State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Questions regarding CPE may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Nashville, TN37219-2417. Website:


Sessions generally will be cancelled only for inclement weather. If the U.S. Government closes due to severe weather, the session will be cancelled. Every effort will be made to notify registered participants of the cancellation by email. In the event of advance payments, participants may request funds be applied to the next upcoming meeting provided 48 hours of notification are given.

Complaints should be directed to the Education Committee at; if resolution cannot be achieved at this level, the complaint will be reviewed by the Executive Committee.

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