Alll Insider Articles

ALLL Insiders are bankers, consultants, credit union professionals, accountants and others who have extensive knowledge in the ALLL calculation. The below articles comprise these experts' recommendations and opinions on various components of the allowance calculation.


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 well as advice for keeping the board informed about related ...

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 accounting change for financial institutions in recent memory. However, there ...

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? Ever since the 2011 Interagency Guidance (2011-13) was issued and ...

CECL: A CEO’s role in improved management of credit losses

There is a reason regulatory agencies are directing their guidance on the new current expected credit loss (CECL) model to the attention of financial institution CEOs. After all, it is ...

Top Fed staff hosting CECL informational session Oct. 3

The top accountant for the Federal Reserve’s Board of Governors and other Fed staff will host an informational session Oct. 3 to discuss the Financial Accounting Standard Board’s updated credit-loss ...

Regulators offer new round of answers to FAQs about CECL

In a new round of answers to Frequently Asked Questions, or FAQs, regulators addressed initial supervisory views on qualitative factors, data needs and other topics related to (ASU) No. 2016-13, ...

CECL Forecasting: How far into the future is far enough?

A hallmark of the Financial Accounting Standards Board’s shift from the incurred to current expected credit loss model, or CECL, is that banks and credit unions will begin estimating credit ...

Data: A Hurdle For CECL

Due to the shift from an incurred to current expected credit loss model (CECL), Abrigo clients have been advised to start working on loan-level data collection now as a first ...

The Case for Early Adoption of the FASB’s Current Expected Credit Loss (CECL) Model

The standard, issued in ASU 326 (Financial Instruments – Credit Losses) in June of 2016, contains several timelines for required adoption of the standard depending on the type and existing ...

Other Regulatory Considerations for CECL Preparation

On December 19, 2016, the Board of Governors of the Federal Reserve System (the Fed), Office of the Comptroller of the Currency (OCC), Federal Deposit Insurance Corp. (FDIC), and National ...
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