Q Factors: Quantifying the Qualitative
Qualitative factors (Q factors) have traditionally been a guessing game. And quantifying the factors has been just as subjective. But the landscape is changing. Auditors are putting more emphasis on justifying Q factor adjustments. In his presentation to the MST 2016 National ALLL Conference, the ABA’s Michael Gullette discussed Q factors and how to quantify the qualitative,
In his MST Talk video, Michael explores more to give community banks a framework of q factor analysis within the ALLL emphasizing the quantitative and how the concept will differ under CECL. View now.
Michael Gullette, Graham Dyer of Grant Thornton, and Dalton Sirmans of MST will be presenting at the ABA CFO Exchange in September.