Description

With a variety of approaches available, community bankers and their auditors are interested in understanding the approaches available and the pros and cons of each. An underpinning of the CECL model is robust analysis, which will require data collection. What data should be analyzed and collected? How will the sensitivity of the inputs impact the allowance? Join this session to understand the data analysis and various approaches, including the pros and cons, as well as understanding in which direction most community banks are headed. In this session, attendees will learn:

• Community bank loss rate methodologies likely to be employed
• Best practices in model selection, documentation and understanding model limitations

Speaker(s):

• Michael L. Gullette, CPA, VP, Accounting and Financial Management, American Bankers Association
• Chad Kellar, CPA, Partner, Crowe LLP
• Shuchi Satwah, Senior Accounting Policy Analyst, Board of Governors of the Federal Reserve System