Qualitative Adjustment In Times of Crisis and Stress (Testing)
In this webinar, intended for public and private institutions that have not yet adopted the forward-looking CECL standard, we discuss our approach to establishing qualitative adjustments as the 6.30.2020 statement date approaches and the full impacts of the pandemic and energy crises are not yet specifically knowable. By constructing straightforward credit models using available internal and public data, we can perform an estimate to substantiate 6.30.2020 qualitative adjustments (and beyond). Additionally, those same models can be used to perform a top-down stress testing estimate under a variety of forecasting scenarios. Finally, those models can be used to inform estimates under the CECL standard so that an institution is prepared to adopt without significant additional effort.
Qualitative Adjustments In Times of Crisis and Stress (Testing)