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Unit 18: Preparing Your Bank for CECL
The Financial Accounting Standards Board’s updated standard for loan loss provisioning will take effect in 2019 for publicly traded banks and in 2020 for the rest of the industry. This video examines the wide-ranging impact of CECL, which stands for current expected credit loss, including how banks should prepare to comply with the new standard. Topics include: How CECL Affects Your Bank Impact on Bank Strategy CECL Compliance A glossary of banking terms is included with each video unit. About the Presenter: Chad Kellar is a partner in advisory services with Crowe Horwath LLP. His primary focus at Crowe is...
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