Two Sessions Dates and Times: July 13, 2022 2:00PM to 4:00PM & July 14, 2022 2:00PM to 4:00PM
Once you have registered through the RMA website you will receive an email to complete your registration for this event in Zoom.
The Risk Management Association and Valuant have teamed up to ensure that you are kept up to date with the latest information on changes, best practices, and more when it comes to improving Current Expected Credit Loss (CECL) in your institution. Those who are responsible for implementing and or managing the CECL methodology (including those who are required to adopt in 2023 and those who have already adopted) are the target audience. You do not want to miss this workshop on July 13-14, 2022, at 2:00pm-4:00pm EST and you can earn 4 (CPE qualifying) hours / credits.
As more time passes, changes to the CECL standard will continue. Recent changes specific to Trouble Debt Restructures (TDR’s) and the Purchased Credit Deteriorated (PCD) Gross-Up on Acquired Assets have already been made. Come to the workshop to learn more about these recent changes.
Who will Benefit:
• CECL modelers and those that govern over the CECL methodology that are preparing to adopt in 2023
• CECL modelers and those that govern over CECL methodology that have already implemented the CECL standard
IMPROVING on CECL is a workshop designed for banks and other financial institutions that are charged with managing and defending the Current Expected Credit Loss (CECL) methodology. This workshop will address many of the questions and challenges for those in the latter stages of CECL implementation in preparation for the upcoming 2023 adoption date. Public Business Entity (PBE’s) and Large Reporting Companies that have already implemented CECL will also benefit from learning more about the recent changes noted above as well as changes in economic conditions.
Valuant created this workshop specifically for RMA and its members to ensure they are up to speed with all things CECL. Valuant offers several subject matter experts related to development and implementation of CECL to this workshop. Valuant was founded in 2016 to help banks and financial institutions thrive while easily staying compliant.
1. Learn how to contemplate forecasting in a CECL model
2. Gain insights into qualitative framework development
3. Discuss the latest FASB developments and CECL implications in an M&A environment
4. Review practical examples for model documentation and ongoing monitoring of your CECL model
If you would like to register multiple people from your institution, please reach out to Michelle Sheppard, firstname.lastname@example.org and Laurie Foster, email@example.com.