CECL vs. IFRS 9 | Moody's Analytics

By Emil Lopez

As Published In: Moody's Analytics Risk Perspectives | The Convergence of Risk, Finance, and Accounting: CECL | Volume VIII | November 2016

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SUBJECT MATTER EXPERTS

Emil Lopez is a Director in the risk measurement group, where he leads risk modeling advisory engagements and manages the team's data quality, risk reporting, and IFRS 9 research. Prior to joining the group, he oversaw operations for Moody's Analytics Credit Research Database, one of the world's largest private firm credit risk data repositories.

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As Published In:

The Convergence of Risk, Finance, and Accounting: CECL

Devoted to the convergence of risk, finance, and accounting disciplines with regard to the new impairment standard, Financial Instruments -- Credit Losses, commonly known as the current expected credit loss (CECL) approach.

CECL Survey Results

The IFRS 9 Impairment Model and its Interaction with the Basel Framework

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Presentation Empowering Users, Satisfying Auditors for CECL Presentation Slides In this presentation, Emil Lopez and Olivier Brucker from Moody's Analytics, demonstrates how the Moody's Analytics Credit Loss and Impairment Analysis suite helps financial institutions overcome challenges with CECL and implement best-practice allowance processes. October 2017 Pdf Emil Lopez, Olivier Brucker
Webinar-on-Demand Empowering Users, Satisfying Auditors for CECL In this webinar, Emil Lopez and Olivier Brucker from Moody's Analytics, demonstrates how the Moody's Analytics Credit Loss and Impairment Analysis suite helps financial institutions overcome CECL challenges and implement best-practice allowance processes. October 2017 WebPage Emil Lopez, Olivier Brucker
Webinar-on-Demand CECL Quantification: Commercial & Industrial (C&I) Portfolios In the third webinar in our CECL quantification webinars series, our experts discussed which commercial and industrial (C&I) models and methodologies can be leveraged to fulfill CECL requirements, and key considerations in transitioning these models. March 2017 WebPage Emil Lopez, Dr. Janet Zhao
Presentation CECL Quantification:Commercial & Industrial (C&I) Portfolios Webinar Slides In the third webinar in our CECL quantification webinars series, our experts discussed which commercial and industrial (C&I) models and methodologies can be leveraged to fulfill CECL requirements, and key considerations in transitioning these models. March 2017 Pdf Emil Lopez, Dr. Janet Zhao
Presentation Introduction to CECL Quantification Webinar Slides In this presentation, our experts Emil Lopez and Jing Zhang, introduce some key CECL quantification methodologies and enhancements that can be made to existing approaches to make them CECL compliant. February 2017 Pdf Emil Lopez, Dr. Jing Zhang
Webinar-on-Demand CECL Webinar Series: Introduction to CECL Quantification In this presentation, our experts Emil Lopez and Jing Zhang, introduce some key CECL quantification methodologies and enhancements that can be made to existing approaches to make them CECL-compliant. February 2017 WebPage Emil Lopez, Dr. Jing Zhang
Webinar-on-Demand NIIF 9: Un cambio fundamental en la contabilización de pérdidas de crédito NIIF 9 introduce cambios en la contabilidad de riesgo crediticio que prometen aumentar la transparencia y confianza en los estados financieros. November 2016 WebPage Emil Lopez
Webinar-on-Demand Getting Ready for CECL The FASB’s new impairment standards won’t take effect until 2020, but institutions should start planning now. This webinar outlines key considerations for early CECL preparation, including: main challenges; expectations of auditors, regulators, and investors; planning in firms of varying sizes; and how to get started. October 2016 WebPage Anna Krayn, Emil Lopez
Webinar-on-Demand CECL: CECL v. IFRS 9 In this webinar, we identify the key similarities and differences between the two standards of IFRS 9 and CECL such as timeline for adoption and complexity of implementation. And for those firms subject to both standards, we provide insight into the key operational considerations. September 2016 WebPage Emil Lopez
Webinar-on-Demand CECL Spotlight with Emil Lopez Listen in as Emil Lopez identifies key steps firm can take as they prepare for CECL implementation. September 2016 WebPage Emil Lopez
Webinar-on-Demand CECL: Disclosures and Timelines In this webinar, we explore the implications of new disclosure requirements and the effective dates for CECL implementation. We explain why banks should start preparing for CECL now and what are the advantages to early implementation. September 2016 WebPage Anna Krayn, Emil Lopez
Webinar-on-Demand CECL: The Road to CECL In this webinar, we discuss what the new CECL standard is and why the FASB is changing Impairment Accounting. Key topics include the timeline for implementation, key differences are in the new impairment models compared with the existing ones, and how the allowance calculation process is likely to change. September 2016 WebPage Anna Krayn, Emil Lopez
Webinar-on-Demand The Long Road to CECL: Implementation Considerations In this video cast, we will discuss the implications of the final CECL standard and approaches to implementation. September 2016 WebPage Anna Krayn, Emil Lopez
The Long Road to CECL: Implementation Considerations Presentation Slides As firms prepare for CECL, there are still many questions about the best approaches to implementation and how the regulatory requirements will impact adoption. In this webcast, we answer practitioners questions and provide suggested approaches for implementation. September 01, 2016 Pdf Anna Krayn, Emil Lopez
Article Preparing for the New Impairment Requirements: A Practitioner's View This article describes the new standards set forth by the FASB. It covers the history of the ALLL and explains how the recent financial crisis highlighted the need for new standards. June 2016 WebPage Christian Henkel, Emil Lopez
Webinar-on-Demand Mejores Prácticas en el Análisis, Calificación, y Evaluación de Créditos Existen varios desafíos para los profesionales de crédito al intentar construir, validar e integrar herramientas de análisis de crédito en sus plataformas y modelos internos. La optimización de este proceso permite a los bancos concentrarse menos en el proceso y más en el análisis y mitigación del riesgo crediticio. May 2015 WebPage Emil Lopez, Elaine Bell
Webinar-on-Demand Key Findings of the Moody's Analytics Stress Testing Survey This webinar discusses the challenges faced in the recent ECB/EBA/PRA exercise and how banks are planning to address these challenges for future stress tests. November 2014 WebPage Elaine Bell, Emil Lopez
Article How to Unlock Benefits from CECL Compliance: 5 Principles The primary objective of FASB's CECL standard is to provide investors with more meaningful and timely information regarding credit risk, but it also presents a unique opportunity for financial institutions to advance credit risk practices, break down silos and strengthen business decisions. What steps can your organization take to extract value from CECL, beyond compliance? Pdf Eric Ebel, Emil Lopez
Product Feature Demo How Banks and Credit Unions Can Prepare for CECL Implementation In this short video, learn the four key steps institutions should take to prepare for CECL implementation. WebPage Christian Henkel, Emil Lopez

By Emil Lopez

Devoted to the convergence of risk, finance, and accounting disciplines with regard to the new impairment standard, Financial Instruments -- Credit Losses, commonly known as the current expected credit loss (CECL) approach.

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