Although the effective date for CECL was delayed to 2022 for nonpublic institutions, there is no time to waste. Implementation is a timely process, and several decisions will need to be made along the way. Therefore, it’s time to start!
In this CECL Workshop 2.0, attendees will learn what bankers, auditors and regulators have learned from ongoing implementation efforts, including the following.
- pitfalls and successes of implementation
- current regulatory expectations
- where banks are today in the process
- understanding which CECL models have been developed
Who Should Attend
CEOs, CFOs and anyone else responsbile for helping their financial institution implement the new CECL model
Robert E. “Bert” Purdy, CPA, CTFA, Partner
Leslie D. Wilson, CPA, Partner
Brandy N. Buckler, CPA, Director
BKD CPAs & Advisors
BKD National Financial Services Group, a division of one of the largest CPA & advisory firms in the nation, is the trusted advisor of choice for more than 1,400 financial institutions nationwide. With offices in Kansas City, St. Louis, Springfield, Joplin and Branson, their advisors help Missouri banks manage risk, remain compliant and stay ahead of the curve in a constantly changing banking environment.
The Missouri Bankers Association is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State Boards of Accountancy have the final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website nasbaregistry.org.
Program Objectives — The Missouri Bankers Association is pleased to offer a seminar targeted to personnel in your financial institution responsible for calculating the allowance for loan losses. The purpose of this workshop is to help bankers get a jump start on CECL implementation. Attendees will work through examples of different models, as well as assess how their current model can be incorporated into the CECL framework.
Accounting CPE – 3.5
Instructional delivery method: Group-Live
What To Bring
Please bring a laptop or other device to work with Excel spreadsheets that will be provided. Attendees also should bring their allowance for loan and lease losses calculation and data supporting its current loan pooling methods.
For More Information
Contact the MBA Education Department at 573-636-8151 or email.