Crafting an effective Q factor framework for CECL
2:00 PM ET / 1:00 PM CT
Now that the CECL accounting standard is fully implemented amid a challenging economic landscape, it is essential for financial institutions to understand how to apply qualitative factors with precision for compliance and effective risk management.
In this session, banks and credit unions will learn how to develop a robust scorecard that applies qualitative factors more objectively, ensuring accuracy and consistency. Abrigo experts will also discuss strategies to adjust and maintain your CECL framework and provide tips for effectively responding to audit and examiner inquiries.
You will learn:
- How to establish and maintain a controlled qualitative factor framework
- Best practices for qualitative adjustments in your CECL model
- Essential audit and examiner feedback to assist with your next conversation