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CECL Prep Kit from Abrigo

Transitioning to CECL is time-consuming, but you don't have to do it alone. This prep kit gives you the resources to implement efficiently.

Resources in this kit include:

  • Guidelines for a timely and efficient implementation
  • Data evaluation tool to identify needs and gaps
  • How to build a meaningful model
  • Key findings from your peers
  • Refresher on the accounting standard itself

A CECL Transition Plan Built for Success

Our prep kit was written by experts who have done this for hundreds of institutions already, and is filled with best practices and key milestones to keep you on track and compliant.

Implementation Guide

A timeline for the next 2 years.

Manage the tasks that need to occur to reach your CECL goals by 2023, including recommended actions.

Data Guide

Know what fields are necessary.

A cohesive data guide filled with the loan-level information that you should be collecting to start building out your model.

CECL

Accounting Resources

Convenient links to the standard.

Familiarize yourself with the standard itself. Access relevant CECL accounting resources in one convenient location.

Solution Checklist

Key criteria for a CECL solution.

Building an in-house model or using a vendor? Learn more about what you should be evaluating in any type of solution.

Your CECL Prep Kit

 

USE THIS KIT TO LEARN HOW TO:

  • Stay on time
  • Build a credible and efficient model
  • Overcome roadblocks
  • Ensure data quality
  • Have the tools you need to be successful