Make the right decisions
with your data
Data has posed the most common CECL implementation problems for financial institutions adopting the accounting standard. The good news for 2023 CECL adopters is that no set amount of “data,” in a technical sense, is required to produce a meaningful projection of future losses. Certain amounts of data are required for certain CECL methodologies, and a certain amount of data, in an information sense, is required to estimate likely defaults or losses in different economic environments. This information is plentiful and publicly available, and its use has been uncontroversial for institutions that demonstrate a need to rely on it. In this session, you will learn how to decide what data and other information to incorporate in your CECL estimate.
This live session is eligible for one NASBA CPE credit.
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