Acquisition Accounting Under CECL
Join our experts as they discuss the effects of CECL on acquisition accounting, including PCD accounting, and the possible ramifications to the acquisition market.
CECL introduces many new facets of accounting that will affect acquisitions and purchases, from single loans to entire loan portfolios. As a result, accountants must understand these changes and how they could affect deal structures.
This webinar focuses on the key requirements for acquisition accounting under the CECL guidance. The presenters will cover several topics, including::
Overall changes to acquisition accounting under CECL, such as:
- PCI to PCD definition changes
- PCD accounting requirements and considerations in regards to loans, HTM, and AFS securities
- Changes to non-PCD acquisitions and purchases—no more “hiding behind the discount”
Transitioning from pre- to post-CECL
- PCI to PCD transition
- Should I maintain my PCI pools?
Looking beyond debits and credits: How might CECL affect acquisition activity moving forward?
- Pricing considerations
- Implications of classifying as PCD. Is this a benefit or a detriment?
- Timing deals
Speakers:
- Scott Dietz, Director, Moody's Analytics
- Masha Muzyka, Senior Director, Moody's Analytics
Click here to view the presentation slides.
Related Articles
CECL Benchmark Q4 2020
In this paper, we provide an update, based on 14 top financial institutions, of our triangulation benchmark as of December 31, 2020 to understand the range of reserve action to be expected for Q4 2020 as well as benchmarking for Q1 2021 reserve levels.
CECL Benchmark Q4 2020
In this paper, we provide an update, based on 14 top financial institutions, of our triangulation benchmark as of December 31, 2020 to understand the range of reserve action to be expected for Q4 2020 as well as benchmarking for Q1 2021 reserve levels.
Managing an Insurance Company's Credit Portfolio Through COVID-19
The COVID-19 pandemic has brought credit risks that are unprecedented in size, are fast-changing, and have vastly different manifestations across industries. The uncertainty of impact is driven by epidemiological progression and sociological response, balanced by fiscal and monetary stimulus.
Concentration Risk Consideration During the Allowance Process and COVID-19's Impact
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.
Incorporating the Impact of the Coronavirus Into Your CECL and IFRS 9 Framework
COVID-19 will have far reaching effects on the accounting for CECL and IFRS 9.
PCD assets post-CECL: The real-world implications of an accounting change
One benefit CECL will bring to the accounting space is moving away from the complicated and burdensome accounting for Purchase Credit Impaired (PCI) assets.
Reinsurance Receivables Under CECL
For insurers, including reinsurance receivables is a unique result of the CECL accounting standard.
Moody's Analytics Webinar: Reinsurance Receivables under CECL
This webinar will focus on the implementation considerations and challenges of the CECL accounting standards for insurers.
CECL Considerations for Insurers - AFS Debt Securities and Other Assets
The CECL accounting standard affects a broad spectrum of financial institutions, including insurers. Investment portfolios may require updates to allow expected credit loss calculations. Understand the impact of CECL on debt securities, commercial real estate (CRE) loans, and operations, and discover potential solutions.
Moody's Analytics Webinar: CECL Considerations for Insurers - AFS Debt Securities and Other Assets
The CECL accounting standard affects a broad spectrum of financial institutions, including insurers. Investment portfolios may require updates to allow expected credit loss calculations. Understand the impact of CECL on debt securities, commercial real estate (CRE) loans, and operations, and discover potential solutions.
