New to the CECL conversation or want a refresher on the basics of the current expected credit loss model? This session is intended to provide an introductory-level overview of the Why, What and How of CECL, and assist attendees in establishing a foundational understanding of the new accounting standard. This session will prove especially helpful for those attendees who are looking to fortify their understanding of the new standard and/or are unsure where to even start in preparing for compliance.
- Establish a foundational understanding of the Why, What and How of CECL.
- Consider what it means to be “CECL compliant” and to what standard we should set our sights
- Review important considerations in selecting an appropriate model/methodology
- Discuss evolving best practices being established and common pitfalls to watch out for
Target Audience: CEOs, CFOs, ALCO members, controllers, chief risk officer, chief retail, funding officers.
Presenter: Regan Camp, Abrigo