Moody’s Analytics helps firms with implementation of expected credit loss and impairment analysis for CECL and other evolving accounting standards. We provide advisory services, data, economic forecasts, models, and process automation solutions that make compliance with these standards faster and easier.
We have advisory and implementation teams that work with organizations to assess, enhance, and implement allowance estimation frameworks to comply with the Current Expected Credit Loss (CECL) standard.
Our comprehensive and granular credit, economic and financial data sets help clients develop, improve, and validate forward-looking expected credit loss models, quantitative credit risk models, benchmark internal data, or supplement limited data.
We offer economic scenarios enabling firms to generate forecasts of lifetime losses and their net present values (NPV) through custom econometric models under the CECL standard for “reasonable and supportable” economic scenarios.
Our industry-leading models help clients to assess and manage forward-looking expected credit loss of financial instruments under the CECL standard.
We provide process automation tools with reliable, repeatable, and auditable impairment analysis and process management capabilities, that can decrease operational complexities associated with the CECL standard.