FASB’s Current Expected Credit Loss (CECL) standard is the most impactful accounting change for banks and financial institutions since the financial crisis. Early experience on CECL client programs has revealed operational complexities and interdependencies that many institutions have not anticipated. This has presented initial challenges to developing a strategy that ensures effective implementation and long-term process sustainability inclusive of efficient operating models, governance, streamlined process and effective new controls, and advanced deployment of data analytics and superior modeling methodologies.
This webcast will share practical solutions to effectively plan, implement, and operationalize CECL. We will leverage insights both from our client experience and from our survey data from our recently released Risk Management Function of the Future survey conducted with MIT’s Golub Center for Finance and Policy.
Download this webcast presentation
- Discuss the key challenges and opportunities in CECL implementation
- Identify strategies and solutions for coordination between the risk and finance functions for CECL implementation
- Demonstrate how the evolving risk function will sustain optimized CECL operating models, high-performance business processes and effective controls
Please note: CPE credits are not awarded for webcast replay.
Recommended Field of Study:
Business Management & Organizations
If you have any questions or encounter any difficulties while enrolling, please contact technical support via phone at +1 877 398 9939, via email at GTWebcast@centurylink.com
, or visit our webcasting frequently asked questions page
If you have any questions regarding CPE credit, please contact CPE support via phone at +1 630 396 5831, via email at CPEEvents@us.gt.com
, or visit our webcast CPE information page