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CECL: Will You Be Ready?
November 16, 2017 @ 12:00 pm - 1:30 pm EST
An event every day that begins at 12:00pm, repeating until November 16, 2017
You’ve undoubtedly heard about FASB’s Current Expected Credit Loss (CECL) standard, but many institutions do not know how to get ready. The FASB pushed out the effective dates of the new standard to give institutions time to implement very significant changes to their allowance for loan and lease loss analyses; however, a lot of work needs to be done between now and then. So what should institutions be doing or thinking about in 2017 and beyond?
Although this bank training webinar will provide a brief overview of FASB’s new financial instruments impairment standard, it will focus much more on some practical ideas financial institutions can take away as they go through the process of implementing CECL. With some careful planning, your institution can be ready for CECL!
In this Bank Accounting Webinar, Attendees will hear details on:
- Introduce real-life CECL methodologies some institutions might consider utilizing to build a model(s) themselves
- Discuss pros and cons of different CECL methodologies
- Discuss some challenges institutions are already encountering as they implement CECL
- Review a timeline of implementation milestones institutions need to address
$395 for Webinar and Playback*
Dates of Event
Wed/Thu, November 15/16, 2017
Brett Schwantes, CPA