Wondering how auditors are approaching CECL? Abrigo’s annual ThinkBIG conference took place in San Antonio, Texas, this year and provided a variety of educational sessions. One was a panel, CECL Audit & Regulatory Expectations for 2022, with experts Ashley Ensley of DHG, Anthony Porter of Moss Adams, Graham Dyer of Grant Thornton, and Neekis Hammond of Abrigo moderating. This video is a clip from the live session.
The CECL transition process can be a challenge if your credit and finance staff have other, competing priorities. Abrigo's endorsed CECL software is trusted by over 1,000 financial institutions and has been tested through successful audits and examinations. Abrigo's in-house consulting team is also available for a variety of services from CECL transition guidance to outsourced calculations.
In this short video, industry experts discuss the market's response to the first rate hike, deposit activities, and what financial institutions can expect in the coming months.