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Ask the specialists: CECL Q&A

May 24 @ 12:00 pm - 1:30 pm EDT

Crowe CPE Webinars

Participants of the free live webinar will be eligible for 1.5 CPE credits.


Event details

In 2016, the Financial Accounting Standards Board issued the current expected credit losses (CECL) standard, which replaces the incurred methodology for estimating the allowance for loan and lease losses. While large public institutions adopted CECL in 2020 and 2021, smaller reporting companies, credit unions, and private institutions will be required to adopt CECL in 2023.

In this panel discussion, our specialists will answer questions about CECL adoption in real time, drawing from their deep expertise in the credit loss standard. Plus, you’ll have an opportunity to ask them specific questions near the end of the session. They’ll also walk through successes, challenges, and best practices that can help you as you plan and execute your CECL adoption.

After participating in this session, attendees should be able to:

  • Identify the most overlooked aspects of the CECL standard
  • Apply best practices in implementing or continuing to apply the CECL standard
  • Explain value-added ideas that can be gained from CECL adoption
  • Evaluate the standard’s impact on your financial reporting
  • Prepare for a model validation exercise and understand expectations to manage the model risk
  • Recognize the standard’s impact on your merger and acquisition activity

Who should attend

Individuals responsible for applying the CECL standard, including credit personnel at financial institutions; those responsible for model validation and review, including model risk managers, internal audit managers, and enterprise risk managers; and chief accounting officers, chief financial officers, chief operations officers, chief risk officers, and financial operations executives


Mandi Simpson, Partner, Accounting Advisory Leader

Mike Berti, Partner, Audit & Assurance

Ryan Michalik, Principal, Financial Services Consulting

Alex Campbell, Advisory (moderator)

Continuing professional education

Advance preparation: None
Prerequisites: None
Program level: Overview
Field of study: TBD
Delivery method: Webinar (group internet based)

This session is recommended for 1.5 hour of CPE credit.
Additional CPE information

There is no fee to participate in this event; therefore, there is no cancellation fee.

Note: All participants MUST be logged into the webinar INDIVIDUALLY to receive CPE credit. CPE credit will only be granted in the name of the individual logged into the presentation. Crowe is unable to grant CPE credit for groups viewing the webinar.

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