Committees : Audit

Article | 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 | 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 | 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 | 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
Article | November 24th, 2017

CECL: Navigating Regulatory Expectations

Regulatory agencies expect effective implementation of the CECL standard. Here’s what boards need to know.

By: John Griffin
BD Article
Article | June 14th, 2017

Fifth Third CEO Says Pace of Bank Industry Change Is Fastest He’s Ever Seen

Greg Carmichael and other speakers at Bank Director conference sound a note of caution in the face of rapid change.

By: Naomi Snyder, editor-in-chief at Bank Director
Article | April 7th, 2017

Using Big Data to Assess Credit Quality for CECL

Chad Kellar of Crowe Horwath LLP describes the new data requirements for new accounting standard.

By: Chad Kellar
Article | December 28th, 2016

Is Your Bank Ready for CECL?

Bank directors need to consider vital questions to make sure their bank is ready for a major accounting change.

By: Mike Ohlweiler, John Depman
Article | September 30th, 2016

The Board’s Role in the Transition to CECL

As with any major initiative, a successful transition to the new accounting standard will require active involvement of the audit committee, board and senior management.

By: Sydney Garmong, Staci Shannon
Article | September 15th, 2016

Adapting to CECL: Beyond the Accounting

The new Financial Accounting Standards Board (FASB) rule for estimating expected credit losses has been dubbed the most significant change in the history of bank accounting.

By: Michael Budinger, Ryan Michalik