Are You Prepared for CECL?
The new CECL accounting standard is a game-changer in terms of the allowance for loan and lease loss (ALLL) methodology and calculation. Going from an incurred loss model today to an expected loss model tomorrow will most likely result in higher allowances for most financial institutions. It’s imperative that you understand how CECL will impact your financial institution and perform back-testing long before the required adoption in 2023. Are you prepared?
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
Explain the new current expected credit losses (CECL) accounting standard
Understand the relevant regulatory guidance and resources
Distinguish between possible methodologies and calculations
Develop an implementation strategy
Know how to record the transition adjustment
Attendance certificate provided to self-report CE credits.
WHO SHOULD ATTEND?
This informative session is designed for individuals involved in the ALLL calculation and CECL implementation.
Useful website links to CECL resources
Employee training log
Live Webinar Access – $245
On-Demand Access + Digital Download – $245
Both Live & On-Demand Access + Digital Download – $320