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Effective CECL model validation: A framework

Abrigo

Applying model risk management to CECL What's involved in CECL model validation? Learn what banks, credit unions, and others subject to CECL accounting can expect from this risk management process. You might also like this webinar, "Conquering CECL model validation: Prepare for success."

CECL 78
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Effective model risk management and model validation in banking

Abrigo

Best practices for assessing models and managing risk Sound model development, implementation, use, and validation is especially important as CECL models debut. . Takeaway 1 Models are relied upon to answer financial reporting and decision-making questions, including CECL reporting and budgeting.

CECL 78
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Return of the TDR: How to Prepare for Coronavirus-Related Loan Restructurings

Abrigo

This primary source of guidance on TDRs and testing for loan impairment could be especially important as banks and credit unions determine which loans have been affected by the impacts of public health actions to contain the coronavirus. Streamline the ALLL while bridging to CECL. CECL & TDRs. CECL Accounting.

CECL 78
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Preparing for Section 1071

Abrigo

What banks need to know as the CFPB gets closer to its final rule Banks, credit unions, and other creditors may be required to collect more data for each application under a new rule. You might also like this webinar: "Fortify Your Loan Policy to Effectively Manage Credit Risk." CECL Regulation. Lending & Credit Risk.