January 2018

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
Related Articles
Article

Defining Economic Scenarios With Constant Severities

Alternative economic scenarios are invaluable for quantifying and managing forecast risk. In this article, we define these constant severity scenarios and the models used to estimate their probabilities.

Moody's Analytics Webinar: Trade War Update - Will Trump Push Too Far?

President Trump has escalated the trade war with China, and nearly everyone has been wrong-footed by the move.

May 20, 2019 WebPage Mark ZandiRyan SweetDr. Cristian deRitis
Webinar-on-Demand

Trade War Update - Will Trump Push Too Far?

President Trump has escalated the trade war with China, and nearly everyone has been wrong-footed by the move.

Presentation

CECL 20/20: A Clear View of the New Credit Loss Requirements

Starting in 2020, the Current Expected Credit Loss (CECL) accounting standard will require financial institutions to reserve for estimated lifetime losses on loans and leases as soon as they are originated. This presentation will provide analytical insight and practical recommendations to help lenders strategize and effectively prepare for the new rule.

Moody's Analytics Webinar: Briefing on the CCAR Scenarios

The Federal Reserve will release its scenarios for the 2019 CCAR stress test. Join Mark Zandi and Cristian deRitis as they discuss the narratives behind the Fed’s scenarios under forecasts of detailed economic variables.

February 11, 2019 WebPage Mark ZandiDr. Cristian deRitis
Webinar-on-Demand

Moody's Analytics Webinar: Briefing on the CCAR Scenarios

The Federal Reserve have released its scenarios for the 2019 CCAR stress test. Listen as Mark Zandi and Cristian deRitis discuss the narratives behind the Fed’s scenarios under forecasts of detailed economic variables.

February 2019 WebPage Mark ZandiDr. Cristian deRitis

Deconstructing Scenario Weights for CECL

In this paper we present the theoretical motivation behind these weights and suggests reasonable ways of choosing these weights in practice.

February 08, 2019 Pdf Dr. Sohini ChowdhuryDr. Cristian deRitis
Article

Gauging CECL Cyclicality

In this paper, we provide empirical support for the conclusion that the CECL standard will be less procyclical than the incurred loss standard.

December 2018 Pdf Mark ZandiDr. Cristian deRitis
Article

Mean Reversion in CECL: The What and the How

Mean reversion is an important facet of the upcoming Current Expected Credit Loss accounting standard. Under CECL, lenders will need to estimate, and set aside an allowance for, the expected lifetime loss for each loan they book at the time of origination.

September 2018 WebPage Dr. Sohini ChowdhuryDr. Cristian deRitis
Article

CECLnomics and the Promise of Countercyclical Loss Accounting

Historically, accounting regulations have not served as regulatory tools in bank examiners’ toolkits. Economic capital calculations, leverage ratios, and stress tests are used to assess capital adequacy, while the primary purpose of financial statements has been to inform investors of the recent performance

September 2018 WebPage Dr. Cristian deRitis
RESULTS 1 - 10 OF 57