CECL:  What Auditors & Regulators Will Be Expecting 

Wednesday, April 24, 2024
11:00 am – 12:30 pm Eastern

CECL implementation has been mind-bending at times. This webinar will share best practices, lessons learned, current guidance, typical methodologies, recommendations for success, and more. There will be extra time for questions, and as a bonus you can submit your questions to the speaker in advance! (See below for more details.) Don’t miss this unique opportunity.

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

• Understand how financial institutions have managed CECL so far
• Identify the most typical methodologies used 
• Recognize the sections of CECL that vary from past ALLL methodologies, including unfunded commitments and securities portfolios
• Avoid common errors made by financial institutions in executing CECL
• Use up-to-date guidance from regulatory agencies on implementing CECL
• Employ recommendations for successfully managing CECL in 2024

WEBINAR DETAILS 

2023 was the first full year all financial institutions were expected to adopt CECL. To date, there has been fairly limited specific guidance from the regulatory agencies and accounting profession. This program will address how financial institutions have implemented CECL and explore the most common methodologies and implementation mistakes. CECL also includes some new concepts not in the prior incurred loss model, such as factoring in unfunded commitments and debt securities. Examples of how to cover these new requirements will be provided. This session will also share lessons learned from the frontlines, including regulatory exam and external audit findings and 2024 expectations. This will encompass suggestions for successful CECL management as you move forward.

Bonus: Because CECL implementation and management have generated many questions, there will be additional time allotted for Q&A. You may also submit your questions ahead of time to the speaker directly at [email protected] no later than April 19, 2024. 

WHO SHOULD ATTEND? 

This informative session would best suit those responsible for managing CECL, including chief risk officers, chief financial officers, chief lending officers, and any other personnel responsible for managing the data, calculations, and analysis for your CECL process.

TAKE-AWAY TOOLKIT

• Checklist of best practices for successfully managing CECL 
• Employee training log 
• Interactive quiz
• PDF of slides and speaker’s contact info for follow-up questions
• Attendance certificate provided to self-report CE credits

SPEAKER

Robert L. Viering, RiverPointUSA LLC

Bob Viering brings over 35 years of banking experience to RiverPointUSA, where he concentrates on management and board planning activities, such as strategic, capital, and succession planning, de novo bank formation, assisting with managing regulatory agreements, loan review, and credit process assessment. He has served as a bank director and was an independent member of a bank’s audit committee.

Prior to becoming a consultant, Bob was a de novo bank organizer responsible for all regulatory filings, planning, recruiting, and also serving as CEO. He has been an advisor for other de novo bank formations. Earlier in his career, Bob held various management positions with large and regional banks, including market president and regional credit officer. In addition, he has managed deposit and loan operations groups and was a lender to local, regional, and international businesses. He has also served as a board member of state and national trade associations.

Attendance verification for CE credits provided upon request.

Webinar Sponsored by Financial Education & Development

If you are having issues with registering online, please contact CBAO's Education, Training & Special Events Coordinator, Malia Widder, (614) 610-1877.