CECL: What Auditors & Regulators Will Expect
Adoption of CECL has altered how institutions estimate loan losses. Do you understand the changes? This program will explain key points from the interagency policy statement on allowances for credit losses (ACL) and set you up for audit and examination success by sharing common findings and best practices.
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
- Assess current credit quality trends and key CECL metrics
- Evaluate and document qualitative factors and forecast adjustments
- Understand the model validation expectations
- Avoid common findings and implement best practices
- Prepare for your upcoming audit and examination
WEBINAR DETAILS
The new CECL accounting standard fundamentally changed the way that community financial institutions estimate loan losses and resulted in material equity adjustments for many. Increasing delinquency and charge-off trends have compounded provisioning and profitability has suffered across the industry. The evaluation of qualitative factors and forecast adjustments has been challenging. In addition, there are ongoing model risk management aspects to consider, including model validation. Attend this insightful webinar to learn what auditors and regulators will expect.
WHO SHOULD ATTEND?
This informative session is designed for management, governance professionals, and individuals involved in the CECL calculation.
