Audio Conf: A New Model for Computing ALLL
05/15/2013 - 05/15/2013
Time: 11:00 am Eastern | 10:00 am Central | 9:00 am Mountain | 8:00 am Pacific
Length: 60 Minutes
What does the latest FASB proposal mean for your bank?
The Financial Accounting Standards Board (FASB) released its latest proposal outlining how to measure credit losses. The proposal has the potential to drastically change the allowance for loan and lease losses for an institution. In this 60-minute audio conference, presenters Todd Sprang and Emily Scheevel from CliftonLarsonAllen, discuss the new Current Expected Credit Losses (CECL) model, how it works, and what it means for your institution. Learn how the FASB proposal abandons the "incurred loss" thresholds and attempts to capture "expected losses."
Todd A. Sprang, CPA; Partner, Financial Institutions Group
Emily Scheevel, CPA, CIA; Manager, Financial Institutions Group
1 CPE Credit
Program Level: Basic-Intermediate