In this video webcast, we identify the critical components needed for a successful CECL implementation and the new considerations it also brings.
Firms must have deeper collaboration between risk, finance, and accounting teams, expand historical data, choose the right methodology, and so on. In addition, information on CECL guidelines and its interpretation continues to play a big part in strategy planning and decision-making among firms.
In partnership with GARP and the American Banker's Association, our experts discuss:
- The economic impact of CECL
- Best practices from IFRS 9 implementation
- Practical implementation considerations
- Beyond execution to understand the final picture
The near-term outlook for the housing market is dark, but the lack of supply and strong underlying demand will provide support over the longer term, particularly in certain segments and geographies.
The COVID-19 virus continues to spread and the economic damage is mounting. Recorded May 2020.
With the rapid deterioration in the global economy as a result of the COVID-19 pandemic, Moody's Analytics presents an update to our economic outlook for the US & Canada.
Every crisis is unique and the dynamics at play in each is different. That's true of the coronavirus pandemic - the nightmare scenario of a health care emergency accompanied by entire industries shutting down globally.
In this webinar, Mark Zandi and the Moody’s Analytics team answer wide-ranging questions from audience participants stemming from the economic impact of COVID-19.
COVID-19 created additional complexities for institutions navigating CECL accounting standard. This paper provides a natural quantitative approach for incorporating concentration in the allowance process and portfolio management.
COVID-19 has ignited an unprecedented global economic crisis, that has been extraordinarily difficult to gauge, generating a blizzard of wide-ranging questions
COVID-19 will have far reaching effects on the accounting for CECL and IFRS 9.
With the rapid deterioration in the global economy as a result of the COVID-19 pandemic, Mark Zandi and the Moody's Analytics team present an update to our economic outlook.