Committees : Audit

BD Article
article | Audit September 20th, 2019

Three Bankers Share Downsides of CECL Vendors

At a recent accounting conference, a trio of bankers expounded on some of the lessons they’ve learned from working with a vendor to calculate their allowances under the current expected credit loss model, or CECL.

By: Kiah Lau Haslett, managing editor for Bank Director
article | Audit July 23rd, 2019

Evolving Considerations in the CECL Countdown

Bankers need to keep in mind some key considerations as CECL’s effective date rapidly approaches.

By: Katie Wilson
BD Article
article | Audit June 14th, 2019

The Most Effective Bank Directors Share These Two Qualities

There is no magic formula for being an effective bank director, but there are two traits that the best tend to exhibit.

By: Kiah Lau Haslett, managing editor for Bank Director
BD Article
article | Audit June 7th, 2019

An Easy Way to Lose Sight of Critical Risks

The noise of the digital revolution threatens to drown out the fundamental risks of banking. How do the best banks keep their focus?

By: Al Dominick, CEO of Bank Director and FinXTech
BD Article
article | Audit April 26th, 2019

Here’s How to Address CECL’s Biggest Question

A debate is raging across the banking industry as to whether the new loan loss accounting standard will lessen or worsen a recession, and what banks can do about it.

By: Kiah Lau Haslett, managing editor for Bank Director
article | Audit November 13th, 2018

Six Things To Know About CECL Right Now

Even ahead of full implementation, several lessons have been learned about the new credit loss standards.

By: John Lankenau
article | Audit July 30th, 2018

What’s The Same – And What’s Not – In Assessing Credit Quality

ALLL and CECL are very different, and in some ways very similar.

By: David Ruffin
article | Audit June 8th, 2018

CECL Will Result in a Sizable Capital Hit for U.S. Banks

The new reserve methodology coming in 2020 will shift traditional practice considerably.

By: Nathan Stovall
article | Audit January 12th, 2018

A Practical Guide for CECL Implementation

Bank leaders should enact these five practices to prepare for the implementation of the CECL standard.

By: Todd Sprang, David Heneke
article | Audit December 20th, 2017

What to Look for in 2018: Changes in Equity Investments Accounting and Fair Value Disclosures

There is a new accounting standard with only a handful of changes going into effect for public business entities (PBEs) in the first quarter of 2018, but some of the changes are meaningful.

By: Sydney Garmong, Chad Kellar