Webinar
CECL implementation DCF model: understanding the ins and outs of CECL models
Oct 28, 2021 · Authored by Ivan Cilik, Matt J. Nitka, Sean Statz
In response to the new current expected credit loss (CECL) requirements mandated for 2023, our team of Value Architects™ are working to help banking institutions navigate CECL implementation. The data requirements, multiple methodologies, forecast considerations and validation needs can be extensive and intimidating, and institutions oftentimes have to start from scratch.
Watch the second webinar in our CECL series where Baker Tilly’s Ivan Cilik, Matt Nitka and Sean Statz discussed best practices in implementing the discounted cash flow (DCF) methodology. Our team will help you understand the DCF method and how you can use current processes and systems to aid in your CECL implementation efforts.
Learning objectives:
From watching this webinar, you will gain an understanding of:
- How to determine if the DCF approach is reasonable for your institution
- Key steps in implementing a DCF analysis method
- Data requirements needed to support the DCF method
- Resources and technology needed for implementation
- A demonstration of a DCF CECL method
- Review future benefits, limitations and shortfalls of this method
- Best practices in validating this model
Watch our webinar series
Understanding the ins and outs of CECL models
Baker Tilly hosts a series of informational webinars discussing the details of CECL implementation, models prior to the CECL requirements mandated for 2023
CECL implementation loss rate analysis: understanding the ins and outs of CECL models
Watch Baker Tilly's latest webinar in our CECL webinar series, in which we reviewed the loss rate analysis methodology, discussed model risk management and explored best practices for your current processes.
Model risk management: Implementing CECL outside of the box
Listen to this webinar for an engaging discussion on the navigation of CECL implementation, how to view model risk management holistically and best practices for your current processes.
CECL next steps: parallel runs and model validations
Watch Baker Tilly's final webinar in our CECL webinar series, in which we reviewed implementation validation and explore best practices so your organization can feel assured in your results.
