For those who adopted CECL in 2020, it definitely was a challenge with the uncertain and dynamic environment. Given the delay from FASB and the pandemic, many credit unions likely hit the pause button on their CECL implementation efforts. There are certainly lessons learned from the 2020 adoption and key takeaways for 2023 adopters. Now that we have a look in the mirror on how CECL performs under severe economic conditions, how does that inform a credit union’s approach to CECL adoption? How are 2020 adopters adapting and maintaining their CECL adoption? Join this workshop for perspectives on implementation and audit approach.