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CU19101
CECL Methodologies, Real World Examples
Date
October 21, 2019
$79
Standard Price
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Yes, calendar year-end credit unions have until the proposed effective date of Jan. 1, 2023 to adopt CECL. However, that does not mean you should delay your implementation activities. Through these sessions and more, we'll show you the path to success…
This session will provide detailed examples of data aggregation, specific long-term and short-term forecast models and how to forecast different models. The session will also discuss the use of credit quality indicators through out the CECL modeling, monitoring and disclosure process.
Learning Objectives
- The use of credit quality indicators in data aggregation, monitoring and forecasting.
- The use of regression modeling to support reasonable and supportable forecasts.
- The use of over the life-cycle forecasts in models including examples of Discounted cash flow and probability of default model.
- The use of regression models to forecast and calculate and allowance with examples.
- The use of short term forecast (reversion) models with example model calculations and how to forecast these models.
- The pros and cons of each model including volatility.
Speaker
Michael Umscheid, CPA
CEO, ARCSys
General
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