Essential CECL: Leading Practices for Competitive Advantage 2022 | Financial Managers Society (FMS) | 2 March 2022 | Webinar
Venue
Webinar
Webinar
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| Event Date |
Thu Mar 3 UTC (almost 3 years ago)
In your timezone (EST): Wed Mar 2 7:00pm - Wed Mar 2 7:00pm |
| Region | All |
Details
CECL represents a profound change in the way our industry accounts for future potential loan losses.
While benefits from this more forward-looking methodology are evident, efforts required to develop and implement a successful CECL modeling and governance framework has been challenging for most.
Moreover, the strategic implications and potential unintended consequences are just starting to emerge.
During this session, participants will gain insights into leading approaches community and mid-sized institutions have taken for CECL implementation, common shortfalls, mistakes to avoid, and strategies to ensure a successful transition.
In addition, strategic benefits and potential unintended consequences will be highlighted.
Learning Objectives:
• Common approaches and lessons learned from current development/implementation efforts
• Establishing an effective model implementation and testing framework
• Vital aspects of governance, documentation, and performance monitoring
• Strategic value and unintended consequences of CECL
Audience:
This session is designed for CEOs, Presidents, CFOs, CROs, Directors, Controllers, Accounting, Audit, Model Risk Management, and Credit.
Speakers
2022 Speaker
Mike Guglielmo
Managing Director, Darling Consulting Group