Knowledge and Insights
Mercadien’s Financial Institutions Services Group hosted a complimentary webinar “Why You Should Validate Your CECL Model” Thursday May 12, 2022 from 1-2:30 PM.
Presenters Joseph Galdo, CPA, CAMS, CFE, CERP, Director & David Healey, Supervisor reviewed the CECL readiness and model validation process, as well as considerations and best practices relating to CECL.
During the webinar, they went over:
- Key components for your CECL Model
- Common CECL methodologies
- Challenges/best practices in data, system validations & performance monitoring
- How to ensure the complexity of the model is commensurate with the complexity of your institution
To watch the webinar replay, click here.
To view the slide deck, click here.
If you have any questions and want information on how Mercadien can help you & your organization, contact us here.
DISCLAIMER: This advisory resource is for general information purposes only. It does not constitute business or tax advice, and may not be used and relied upon as a substitute for business or tax advice regarding a specific issue or problem. Advice should be obtained from a qualified accountant, tax practitioner or attorney licensed to practice in the jurisdiction where that advice is sought.