CECL(Current Expected Credit Losses)Impact to Date & the Road Ahead

2020 started with CECL as the banking and credit union industry’s buzziest term and was quickly replaced with all things pandemic related—but that doesn’t mean that CECL has slowed down. Join CRI for our latest CECL-focused webinar installation as Financial Institutions Practice Leader and Partner Doug Mims provides registrants with a summary of the impact of CECL to date, as well as an overview of the latest accounting and regulatory guidance. During this free webinar, you can also expect discussion of:

Resources and tools available
Historical losses and qualitative adjustments
Reasonable and supportive forecasts
Weighted Average Remaining Maturities (WARM) method
Interagency Policy Statement on the Allowance for Credit Losses
Next steps and practical solutions
Live webinar attendees are eligible for 1.0 hour of CPE credit.

Participant Learning Objectives:

Identification of relevant accounting, auditing, and regulatory resources and tools
Working knowledge of key concepts included in the accounting standard
Introduction to the WARM method
High-level view of related regulatory guidance
Introduction to cost-effective user-friendly solutions for community banks and credit unions

Presenter Information: Doug Mims, CPA, CIA, CAMS, Partner – Financial Institutions, CRI Atlanta

Participants will earn 1.0 CPE credit in the Accounting field of study.

Register Now!

Additional Information:

Prerequisites: None
Advanced Preparation: None
Program Level: Basic
Delivery Method: Group Internet Based
Refunds and Cancellations: No fee. For more information regarding refund, concerns, and program cancellation policies, please contact dwood@CRIcpa.com.

Carr, Riggs & Ingram, LLC 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.