Current Expected Credit Losses (CECL): What Auditors & Regulators Expect

With ASU 2025-08 introducing key changes for purchased loans, precision and transparency are more important than ever. This webinar will prepare you to address regulator and auditor expectations with confidence. Learn how to strengthen qualitative factor evaluation, forecast adjustment, and model risk management. Gain valuable insights into common findings, recommended practices, and actionable steps to ensure CECL compliance and audit readiness.

CECL fundamentally changed the way that community financial institutions estimate loan losses, and Accounting Standards Update (ASU) 2025-08 recently amended CECL for purchased loans. 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 take into consideration, including model validation. We want to set you up for success during your next audit and examination by sharing common findings and recommended practices. Let’s go!

NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your institution is prohibited. Print materials may be copied for eligible participants only.