The latest edition to the Best Practices Library is a free on-demand webinar, CECL - One Year Later, Preparing for Implementation. As we approach the one year anniversary of the release of the CECL guidance by the Financial Accounting Standards Board, industry focus is shifting from understanding the changes in the guidance to gauging the impact of the changes on current allowance processes and formulating implementation plans.
This free resource will provide:
- A brief summary of key components of the standard and changes between existing guidance and CECL guidance including impact on purchase accounting for loans
- An overview of considerations to effectively implement CECL, including discussion of required data points, and process to develop an implementation road map
- A case study of CECL impact on an acquisition
The speaker for this program will be John Behringer, RSM US LLP, and the event is hosted by WBA’s Rose Oswald Poels.
You can access the program by clicking here.
You can also find other free resources in the WBA Best Practices Library by clicking here.