At this point, participants will have an understanding of candidate methodologies, the use of peer experience, and ideally, a set of candidate peer institutions to use when their own loss history is not relevant or does not contain meaningful loss experience. In this session, we will discuss several techniques we have used with hundreds of clients already on the standard to calibrate the historical loss basis, whether peer-based or based on internal experience, to anticipated economic conditions, as well as techniques for projecting those very conditions. This live session is eligible for one NASBA CPE credit.
Senior Analyst, Advisory Services at Abrigo
Jared is a Senior Analyst with the Abrigo Advisory Services team, where he specializes in the CECL transition of community banks and credit unions. He has extensive experience with assisting financial institutions with data needs and helping those institutions with data deficiencies throughout the CECL transition and adoption process.
Managing Director, Advisory Services at Abrigo
Garver brings a decade of enterprise software, analytic, and advisory experience to Abrigo’s advisory team. Prior to joining Abrigo, Garver was a Technical Consultant with Accenture, and he later worked with C-suite executives on technology strategy and delivery as a Managing Partner of the Orange Advisory Group.
CECL Streamlined is a webinar series developed and led by consultants who have helped hundreds of institutions to successfully implement CECL. The four-part series covers major steps and milestones in chronological order to ensure 2023 filers stay on track and feel confident in their CECL transition.
Learn how to decide what data and information to incorporate in your CECL estimate.
Review best practices for identifying potential peer institutions for your estimation.
Get into the "nuts and bolts" of using two methodologies and sensitivity test decisions.
Abrigo's ALLL and CECL software is endorsed by the American Bankers Association and trusted by more than 1,000 financial institutions. Get support beyond a username and password with Abrigo's award-winning service and advisory team of CECL experts. Our in-house consulting group provides a range of services from CECL transition plans to outsourced calculations.
The live webinar session is eligible for one NASBA CPE credit.
Anyone with responsibilities related to the allowance or transition to CECL.
Advanced Preparation: N/A
Prerequisites: Intermediate background in allowance, accounting, or regulatory compliance
Program Level: Intermediate
Delivery Method: Group Internet
Abrigo is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.
