Masha Muzyka provides accounting expertise across various solutions, products, and services offered by Moody’s Analytics. She leads a team of subject matter experts responsible for solution structuring for allowance calculation, stress testing, capital planning, credit risk management, and insurance risk management. Masha’s primary focus is on banks, credit unions, and insurance companies.
Current Expected Credit Loss Model (CECL): Moody’s Analytics provides tools for the most crucial aspects of the expected loss impairment model, with robust solutions to aggregate data, calculate expected credit losses, and derive and report provisions.
IFRS 9: Moody’s Analytics offers a modular, flexible, and comprehensive IFRS 9 impairment solution that facilitates banks’ efforts to calculate and manage capital set asides for these provisions.
IFRS 17 Insurance Contracts: The Moody’s Analytics suite of software solutions, models, content, and services helps support the new requirements of IFRS 17 Insurance Contracts.
Loss Accounting: CECL: New credit loss accounting standard that replaces the current ALLL accounting standard.
Stress Testing: Gauge of how certain stressors will affect a company, industry, or specific portfolio.
Loss Accounting: IFRS 9: Recognition of loss allowance for financial assets, based on expected credit losses.
For insurers, including reinsurance receivables is a unique result of the CECL accounting standard.
The CECL accounting standard affects a broad spectrum of financial institutions, including insurers. Investment portfolios may require updates to allow expected credit loss calculations. Understand the impact of CECL on debt securities, commercial real estate (CRE) loans, and operations, and discover potential solutions.
Join our experts as they discuss the effects of CECL on acquisition accounting, including PCD accounting, and the possible ramifications to the acquisition market.
Across institutions of all sizes, one of the questions executive management should be asking their CECL working groups is, "What is the impact to our bottom line?"
Our experts, Masha Muzyka and Jin Oh, cover transition disclosures focus areas, potential implication of the methodology chosen to the expected disclosures and ECL disclosure best practices emerging to date.
CECL Disclosures – Required and Beyond