Lessons Learned from 2020 Filers

CECL is not a prescriptive standard and many questions have arisen about navigating key decisions. Join our panel of industry experts and clients to learn more about how institutions have successfully implemented CECL, lessons learned and nuances required for a smooth transition. Learn more about:

  • Consistently incorporating a reasonable and supportable forecast
  • Selecting the right CECL model and methodology
  • Parallel runs and gaining comfort over results
  • Management judgment and qualitative adjustments
  • Approaching disclosures
  • Preparing for the audit and auditor engagement