The ALLL Workshop: Understanding CECL
List Price
$1,235
Member Price
$915
Event Id:
664329018
Product code:
347901-19
Format:
2 Day Training Event
Date:
11/6/2018 - 11/7/2018
Learn through a hands-on workshop presenting best-practice approaches related to estimating the ALLL and the transition to CECL.
November 6-7, 2018 – National Harbor, MD
Registration Fees
| Members | $915 |
|---|---|
| Nonmembers | $1,235 |
Members qualify for savings.
Log in to see if you qualify for a lower rate, or become a member to save as much as $320 or more.
Item Details
This workshop can be taken on its own or as a post-conference event at RMA’s Annual Risk Management Conference, November 4–6, 2018. Visit www.rmahq.org/rmaconf2018 for conference details.
Course Overview
This comprehensive, scenario-based training program presents the key estimating, regulatory, and accounting challenges faced by community banks in determining their reserves—a bank’s most critical quarterly calculation.
The two-day program is developed and presented by MST, the education-based and leading provider of ALLL solutions to community banks. Experts in various disciplines will present information and best-practice approaches related to estimating the ALLL and the transition to CECL—regulatory, accounting, technology, etc.—and will provide course materials that allow you to apply lessons learned in working through various
allowance scenarios.
Who will benefit?
- Chief financial officers
- Financial reporting professionals
- Special assets professionals
- Audit and compliance professionals
- Risk management professionals
- Credit review professionals
- Bank auditors
- Bank regulators
Please note only bankers or regulators may participate.
You will:
- Review the history and evolution of the ALLL.
- Discuss the reasoning behind the move to CECL.
- Review the updated CECL standard, including what’s in scope, measuring losses, loss recognition, calculation examples, timelines, and why the associated panic.
- Learn what you should be doing now to prepare for your transition to CECL, including a discussion of the Who, What and When to prepare for CECL.
- Engage in a peer-to-peer open discussion, affording you the opportunity to discuss challenges faced and how others might have overcome similar obstacles.
- Participate in a regulator/auditor panel discussion.
- Discuss the fundamental differences between today’s incurred loss model and CECL, providing a foundation to a review of potential CECL models/methodologies.
- Participate in a detailed walk-through of the primary modeling/methodology techniques widely considered for CECL.
- Gain insight into estimating reasonable and supportable forecasts under CECL.
- Participate in a series of group case studies, aiming to further solidify the information reviewed throughout the workshop.