current expected credit losses
FASB Approves CECL Fair Value Option Change
Easing the transition to the current expected credit loss standard, or CECL, was the goal of a measure approved by the Financial Accounting Standards Board that provides entities the option to measure certain types of assets at fair value.
5 Benefits of leaving behind an Excel-based ALLL model ahead of CECL: One bank’s story
Each institution must consider its own size and complexity in determining the most appropriate approach to CECL. However, one community bank that decided to shift from an Excel-based model to an automated approach ahead of CECL has identified several benefits from its decision.
Upcoming Webinar: How a Real Bank is Tackling CECL
On January 30, 2018, Abrigo will host a webinar that answers the question many financial institution leaders are asking: what should a real-life bank with real-life data be doing for the current expected credit loss (CECL) model?
discounted cash flow
How applicable will DCF estimation be to your institution?
Being educated on and prepared for CECL is not complete without an understanding of DCF and it's applications. A DCF method affords institutions flexibility in their approach, is more prospective in nature, has cross utilization purposes that can inform pricing and valuation within the same model and is applicable to institutions with limited historical data.