More ALLL Coverage

Adopting CECL Accounting for 2023? 5 Myths about the Change

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 ...
Read More
CECL Methodology Implications for 2020 and 2023 Adopters

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 ...
Read More
The Coronavirus, ALLL, and Liquidity: Assessments and Expectations

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 ...
Read More
How the Coronavirus Could Impact CECL, Allowance

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 ...
Read More
Credit Loss Modeling Services: COVID qualitative adjustments, Stress Testing, and CECL

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 ...
Read More
Bridging the Gap: How to Get Started with CECL with No Meaningful Losses

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 ...
Read More

Latest Resources

Coronavirus and CECL: Novel Threats and New Accounting

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

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

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

Data should be captured on a period basis to minimize compliance risk and adequacy concerns.

Poll

What type of data do you anticipate leveraging for your CECL calculation?

  • 1-5 years of detailed loan level data
  • 5+ years of detailed loan level data
  • 1-5 years of aggregate (pool level) data
  • 5+ years of aggregate (pool level) data
  • I don't know the difference

ALLL.com Insiders

CFO Corner -- “ALLL” about CECL

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 ...
Read More
The biggest initial impact of CECL on financial institutions

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 ...
Read More
Validating ALLL models under CECL – What might change?

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? ...
Read More