Predict quantitative allowance levels
In this session, we will get into the “nuts and bolts” of using two methodologies to sensitivity test our decisions to different environments. We’ll discuss how uncertainty about the future provides an important lever to calibrate allowance results, and how that uncertainty has been used by our many successful clients to establish a ‘baseline’ of allocation without reliance on over-engineered qualitative frameworks. If you’ve been following our decision framework, the reliance on and scrutiny of a qualitative layer can be simplified, resulting in a CECL practice that is paradoxically simpler than the prevailing practices for establishing incurred loss estimates.
This live session is eligible for one NASBA CPE credit.