CECL: The "Easiest" Implementation
Our subject matter experts, Robby Holditch, Director, and Jin Oh, Director, discuss critical steps in meeting the new CECL standard.
The deadline for meeting the new current expected credit loss (CECL) standard is fast approaching. Many banks are well on their way in assessing processes, portfolio segmentation, model development, system requirements, and identification of data and resource needs. Where are you in your quest for CECL compliance?
Moody’s Analytics is helping numerous banks with their readiness for the new accounting standard, both locally and abroad. We understand that each bank is unique. While there is no easy button for CECL compliance, one central element to begin the compliance process is leveraging existing processes and tools as a starting point to understand the impact to capital, reserves, and resource constraints among others in the adoption to CECL.
Webinar Highlights:
- Start Line | existing tools and needed tools to comply
- Race to an Easy Implementation | no easy button
- Finish Line | reasons to start producing your CECL estimate now
Related Articles
Credit Unions and the Future of CRE Lending
Explore trends in the commercial real estate market and tips on how credit unions can take advantage of CRE opportunities while managing the risks.
The Post-COVID CRE World – Has the Apocalypse Been Cancelled?
Join us for the third webinar in our series: Moody’s Analytics & Raymond James in Conversation where we will discuss the outlook for commercial real estate and its impact on banking/lending.
Webinar Series: Community Banks in the Coronavirus Crisis
The impacts of COVID-19 are not uniform across the nation. Quantifying these differences is critical to making better informed business decisions.
SBA's PPP Loan Program - Challenges and Successes
Join Moody's Analytics and our panel of financial institution executives, as they share their challenges and successes in navigating the second round of the SBA's PPP Loan Program, as well as the potential for the third and fourth round of stimulus for small businesses.
CECL – Using a Reasonable and Supportable Forecast (Presentation Slides)
The new CECL accounting standard requires institutions to incorporate forward-looking information in their estimate of expected lifetime losses.
Moody's Analytics Webinar: CECL – Using a Reasonable and Supportable Forecast
The new CECL accounting standard requires institutions to incorporate forward-looking information in their estimate of expected lifetime losses. Join CECL experts as they discuss ways in which this requirement can be achieved by community banks and credit unions.
Moody's Analytics Webinar: CECL – Using a Reasonable and Supportable Forecast
The new CECL accounting standard requires institutions to incorporate forward-looking information in their estimate of expected lifetime losses.
ICBA & Moody's Analytics Webinar: CECL Is Approaching Fast. Is Your Bank Ready for the New Accounting Standard?
Join CECL experts Robby Holditch and Christian Henkel as they share CECL implementation guidance and best practices.
ICBA & Moody's Analytics Webinar: CECL Is Approaching Fast. Is Your Bank Ready for the New Accounting Standard?
Join our discussion for CECL implementation guidance and best practices.
Moody's Analytics Webinar: CECL – Lending in Current Conditions
Join CECL experts Robby Holditch and Christian Henkel as they share practical examples and useful strategies applicable to your CECL implementation plan.