CECL Expert Q&A

Aired: Wednesday, February 1, 2017


2.0 CLBB

Now that the industry has digested FASB's issuance of the Current Expected Credit Loss Model for credit loss accounting (CECL), 2017 promises to be a pivotal year when an effective implementation can be won or lost. As CECL implementation efforts have begun throughout the industry, however, more and more questions seem to prevent bankers from hitting the ground running. Just how detailed will CEC analysis need to be at my bank? CECL may be scalable, but will auditors allow my bank to cut back? For my products, what will I need to do? How will CECL impact my staffing?

ABA assembled an expert panel to discuss the most urgent CECL implementation issues, providing viewpoints of the regulators, auditors, bank investors, and the bankers in the field. In this 90-minute recording, panelists discuss practical ways to kick-start your CECL implementation process. Questions received on the issues you are facing as you look at implementing CECL in your loan and held-to-maturity securities portfolios during the live briefing have been included in this recording.

This recording focuses on:

  • Key CECL implementation expectations and mileposts
  • CECL analysis and data challenges and how to address them in the short and long run
  • Detailed questions from the audience

CECL Resources

Speaker:

  • Mike Gullette, Vice President of Accounting and Financial Management, American Bankers Association (moderator/speaker)
  • Bob Storch, Chief Accountant, Federal Deposit Insurance Corporation
  • Todd Sprang, Partner, CliftonLarsonAllen
  • Jim Brannen, Executive Vice President, Chief Financial Officer and Senior Loan Officer, Federal Savings Bank (Dover, NH)
 

 Continuing Education Credits

 
The Institute of Certified Bankers (ICB) has approved this program for 2.0 CLBB continuing education credits for the live program and the recording.

CPE logoRecordings are not eligible for CPE credits.

American Bankers Association 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.learningmarket.org.
Questions? Please contact Linda Shepard / Cari Hearn for more information.
 

 Pricing & Purchasing

 

Streaming Online Recording
Now Available

ABA Member • $235
Non-Member • $365

 

 Who Should Attend

 
  • Risk Managers
  • Auditors
  • Operations Managers
  • Strategic Planners
  • Senior Bank Managers
  • CEOs, CFOs
  • CSOPs, CRCMs, CFSSPs and CPAs
 

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