
Worried About the CECL Unknowns? Here’s What You Need to Know
For years, experts have emphasized the importance of preparing early for the implementation of the current expected credit loss (CECL) standard. CECL “analysis paralysis” has plagued many financial institutions, delaying banks’ and credit unions’ ability to get started ...
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Adopting CECL Accounting for 2023? 5 Myths about the Change
For financial institutions adopting the current expected credit loss, or CECL, accounting standard in 2023, the next 26 months will pass quickly. As these banks and credit unions work to ...
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CECL Methodology Implications for 2020 and 2023 Adopters
For years, financial institutions across the country have been preparing for the implementation of the new current expected credit loss (CECL) accounting standard. A central driver of FASB’s action to ...
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The Coronavirus, ALLL, and Liquidity: Assessments and Expectations
In January 2020, most SEC-filing financial institutions began operating under the new current expected credit loss (CECL) accounting standard. While loss provisions were expected to increase due to the new ...
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More ALLL Coverage

How the Coronavirus Could Impact CECL, Allowance
The last three months have brought an influx of responsibilities and challenges for bank and credit union CFOs to consider ...
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Credit Loss Modeling Services: COVID qualitative adjustments, Stress Testing, and CECL
Activities from pricing, budgeting, allowance preparation, and stress testing depend on current and forward-looking expectations for the volume and timing ...
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Bridging the Gap: How to Get Started with CECL with No Meaningful Losses
Data is undeniably the foundation for driving accurate current expected credit loss models. For financial institutions that must comply with ...
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CECL Tips for Financial Institutions Complying in 2023
With a little less than three years until private banks and credit unions must comply with the current expected credit ...
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Large SEC Filers Begin Reporting CECL’s Impact
CECL’s impact on a financial institution is all about the portfolio makeup. That’s the main message from the first financial ...
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What SEC Filers Have Learned About CECL Implementation
All eyes will be on the large SEC registrants in January as they become the first financial institutions to adopt ...
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Latest Resources

Coronavirus and CECL: Novel Threats and New Accounting
The difficulty of containing the spread of the novel coronavirus (and the resulting disease, COVID-19) is putting pressure not only on human health, but also on delicate global social and economic networks. In this whitepaper, you will also learn how it is impacting CECL and other accounting standards.

CECL Methodologies: Pros and Cons for Your Loan Pools
Given that the CECL model is non-prescriptive, banks and credit unions have flexibility in choosing the right CECL methodologies for their institution’s unique data situation. This flexibility often leads bankers to one simple question: Where do I begin? In this complimentary infographic, learn about the 7 methodologies available to use and when they are or are not recommended.

Integrated Risk Management | Leveraging Existing Practices to Drive Community Financial Institution Growth
This whitepaper will take a closer look at some of the existing risk management practices employed by financial institutions today and the areas of overlap and interaction between them. Additionally, it will consider ways to synthesize results across these practices and the case for automation to accelerate that process.
Tip Of The Day
If you have C&I loans in your portfolio, ensure your global cash flow analysis is sound. This is a common concern examiners have for banks entering or new to this sector.
Poll
What type of data do you anticipate leveraging for your CECL calculation?
ALLL.com Insiders

CFO Corner — “ALLL” about CECL
In this occasional feature, CFOs from financial institutions share their approaches to the ALLL and to the CECL transition, as ...
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The biggest initial impact of CECL on financial institutions
Most financial institutions understand CECL, and more specifically applying the CECL model to their loan portfolio, represents the most significant ...
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Validating ALLL models under CECL – What might change?
What does model validation mean for the allowance for loan and lease losses and what will it mean under CECL? ...
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