Are You Prepared for CECL?
On-Demand Webinar
StreamedDec 15, 2021Duration90 minutes
- Unlimited & shareable access starting
two business days after live stream - Available on desktop, mobile & tablet devices 24/7
- Take-away toolkit
- Ability to download webinar video
- Presenter's contact info for questions
CECL – the acronym has been around a while now, but things are about to get real.
Regardless of
where you are in your CECL preparation journey, it’s critical that you
understand the potential impact to your institution and get prepared before the
ALLL gets turned on its head.
- 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
WEBINAR DETAILS
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?
WHO SHOULD ATTEND?
This informative session
is designed for individuals involved in the ALLL calculation and CECL
implementation.
TAKE-AWAY TOOLKIT
- Useful website links to CECL resources
- Employee training log
- Interactive quiz
- PDF of slides and speaker’s contact info for follow-up questions
- Attendance certificate provided to self-report CE credits.
NOTE: All materials are subject to copyright. Transmission, retransmission,
or republishing of any webinar to other institutions or those not employed by
your agency is prohibited. Print materials may be copied for eligible
participants only.
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