Subjective CECL: Adjustments and Forecasts Under the CECL Model

Post

As institutions approach the transition from the incurred loss model to the current expected credit loss model for estimating the ALLL, there are many questions surrounding the subjective aspects of the new standard. This webinar will look at the relationship between qualitative adjustments and “reasonable and supportable” forecasts under CECL estimates and key considerations for how institutions will apply them.

Who Should Attend: Chief Financial Officer, Chief Credit Officer, Senior Loan Officer, Controller

Learning Objectives

  • Learn key differences between qualitative adjustments and “reasonable and supportable” forecasts and how each impact estimating the allowance under CECL
  • Understand how qualitative adjustments are used in estimating today’s allowance and how this might change under CECL
  • Explore different approaches to apply forecasts within CECL calculations
  • Learn about sourcing and documentation of forecasts and data for supporting qualitative adjustments

Speaker

Tim McPeak
Executive Risk Management Consultant
Abrigo
Tim McPeak is an executive risk management consultant at Abrigo where he advises on risk and portfolio management with financial institutions nationwide. Previous to his current position, Tim led Sagework’s strategic partnership program, through which the company partners with consulting, loan review, accounting, and other professional services firms. Before joining Sageworks in 2011, he spent several years as an associate with investment banking firm Babcock & Brown, focusing on commercial real estate and infrastructure finance. Tim began his career in retail and business banking with Key Bank of New York. He received his bachelor’s degree from Wake Forest University.

Webinar Fees

Pricing For Price Season Pass
Bank Member $195 $0
Bank Nonmember $249 $0
Affiliate Member $195 $0
Affiliate Nonmember $249 $0

Season Pass Members receive 4 individual logins to every webinar

Additional Info

Participants will earn 1.0 CPE credit

Field of Study: Specialized Knowledge

Prerequisites: Knowledge of CECL

Advanced Preparation: None

Program Level: Intermediate 

Delivery Method: Group Internet Based

Refunds and Cancellations: Webinar registrations are non-refundable. If the registrant is unable to attend the designated time and date of the webinar, a playback link and any written materials will be provided within 2 business days following the conclusion of the webinar

Western 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.nasbaregistry.org.

Register

Click here to register online