Join us for our progressive series event with accounting and economic experts that can help your institution navigate the changes of implementing CECL for your loan portfolio. You will learn best practices that will help you consider strategic implications, reduce pitfalls, make the most of opportunities, and implement the standard in a meaningful way.
The ARCSys progressive education series was developed to allow participants to easier digest and understand CECL in smaller educational sessions rather than full-day virtual sessions. In addition, we have also added the feature to watch the sessions through recorded playbacks so that the attendance can fit into your busy calendar with ease.
You Will Learn:
- Gain an understanding of proposed and updated changes to the standard
- Learn how to recognize and use credit quality indicators necessary for modeling and disclosures
- Learn the best practices in CECL implementation
- Learn the importance of data aggregation and the effects on your model and results
- Understand how to monitor and update your economic data as a part of your model
- Gain a detailed understanding of different CECL models including Discounted Cash Flow, Probability of Default, and WARM Models
- Understand the importance of statistical forecasting models, and how they work
- Learn how your data will affect your volatility with specific models
- Understand what new policies, processes and controls may be necessary for you to implement
- Learn how to utilize your data for better analytics and the ARCSys BI data warehouse
CPE CREDIT:
- 18.8 CPE Credits for this series (Fields of Study: Accounting, Statistics, Economics, Auditing, Business Management & Organization)
- Level: Intermediate
- Instructional Delivery Method: Group Internet Based
- Prerequisites: Experience in bank accounting, lending, or analytics
- Advanced Preparations: None