Financial institutions and their accountants are starting to realize the major compliance challenges represented by FASB’s new Current Expected Credit Loss (CECL) standard and the changes it brings to credit loss accounting. Implementation decisions made today will have major long-term impacts on the efficiency and effectiveness of the new loss allowance process.

In this session, Laurent Birade of SAS explores the challenges faced by institutions and offers practical insights on the attributes needed in a successful CECL implementation, as well as how to create a sustainable process that can satisfy the various stakeholders (auditors, regulators, investors, directors) without overtaxing a company’s staff and infrastructure.

Key Speakers

Daniel Hood
Moderator Editor in Chief, Accounting Today
Laurent Birade
Pre-Sales Consultant Risk and Finance Business Consultant SAS