CECL Implementation FAQs: Progress as 2023 Approaches
November 22, 2022 | 2 – 3 PM ET
With less than a few months to comply with the current expected credit loss model (CECL), many still have outstanding questions and concerns about their efforts to prepare. Whether your bank is rushing to implement or are already running in parallel, much can be learned from the experiences of those that have already adopted.
In this presentation, we will discuss the most common questions financial institutions are asking related to CECL model development and readiness. What is the financial impact? How will a recession impact results? What does model documentation look like? All these and more will be addressed through the presentation led by Abrigo and ABA CECL experts.
Original source can be found here.
