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Preparing for CECL data requirements
Content Type: Resource Center

The importance of having adequate data lies in the fact that CECL will require many institutions to adopt new methodologies, or at least make changes to their current methodology. In order to decide what changes are best, most institutions will run scenarios parallel to the institution’s current ALLL. Put simply, if an institution does not have the right data in an accessible format, scenarios and parallels can’t be performed.

Webinar: The CECL workshop series
Content Type: Resource Center

A complimentary, webinar series presented by Abrigo and CliftonLarsonAllen.

The FASB’s CECL guidance is expected to be released in the first half of 2016. Implementation will be required in 2019 or 2020, but it is imperative to start readying a plan now. You know the basics of CECL, now learn actionable ways to prepare your institution. In this two-part webinar CECL workshop series, professionals from Abrigo and CliftonLarsonAllen, provided the latest information, key insights and examples to help you prepare your institution for compliance.