This content was published prior to the merger of equals between BKD and DHG on June 1, 2022. See all FORsights for the most up-to-date articles, webinars, and videos.
CECL Compliance – Are You Ready?
The deadline for CECL compliance is quickly approaching, and many financial institutions are still in the early stages of preparation. If your institution finds itself in this position, join us for a panel discussion highlighting the simplest approaches for quickly complying with CECL. We’ll provide helpful details from auditors, implementation professionals, and other accounting advisors from BKD and Moody’s Analytics. In addition, we’ll also share tools and solutions to help your institution successfully adopt the new standard.
Learning Objectives
Upon completion of this program, participants will be able to:
- Recognize simpler, auditable options to determine a CECL allowance
- Discuss how an institution can perform calculations and explain key process design considerations
- Identify project timeline expectations and when you should get started
