Dates of Event & Pricing

$295 for Webinar and Playback*

*Playback has no expiration.

  • Tuesday, June 7, 2022

  • 2:00 – 3:00 pm (Eastern Time)

  • 1:00 – 2:00 pm (Central Time)

  • 12:00 – 1:00 pm (Mountain Time)

  • 11:00 – 12:00 pm (Pacific Time)

Curriculum

FASB’s Current Expected Credit Loss (CECL) standard is coming in 2023 for non-SEC filers, and institutions are trying to figure out what to do next. This webinar will focus on the latest thinking in the industry about how CECL can be effectively adopted by small to midsized institutions. We will briefly review the implementation steps that should have already been completed and look ahead to the next steps institutions should be thinking about. 

This accounting training will also focus on practical recommendations for institutions that aren’t as far along as they would like to be.

In this session, attendees will hear about: 

  • The latest thinking from regulators on CECL implementation. 
  • What should already be done and what’s next. 
  • Updated thoughts on CECL methodologies, including a review of less complex methodologies, including WARM and SCALE. 
  • CECL’s impact on less talked about areas, including acquired loans, unfunded commitments and securities. 

Instructor

Partner - Wipfli CPA and Consultants

Nick Ansley

is a partner who brings more than 15 years of invaluable experience to financial institution clients. He has particular expertise with external audit and accounting and control issues that specifically impact financial institutions. Nick also has extensive commercial loan review experience. He has worked with large banks to develop internal control narratives and testing programs to assist them with FDICIA compliance requirements. Bringing additional value to his clients, Nick also assists with various agreed-upon procedure engagements and internal control reviews.

Credits

1.0 CPE Credits & 1.2 AAP Credits