CECL Update for Community Banks
This course will cover the most practical advice for community banks adopting CECL. We will explore the results that a community bank might expect to see from its CECL calculation at adoption, the pros and cons of several widely used models, and the role that qualitative factors will play in the calculation. Attendees will leave the presentation with information about how different CECL techniques might ultimately change their reserve levels, recognize the impact of modeling decisions they have made or are planning to make, and have a much more in-depth understanding of how to build a qualitative factor framework that works with CECL and satisfies their auditors.
Ian McDowell, CPA
Principal, S.R. Snodgrass, P.C.
Ian is a Principal in S.R. Snodgrass, P.C.’s Auditing and Assurance Group, where he works with a variety of community banks. He is particularly proficient with assisting public companies in their SEC regulatory filings under the Securities Act of 1933, the Securities Exchange Act of 1934, and the Sarbanes-Oxley Act of 2002. Ian has helped his clients navigate through business combinations as well as numerous public and private stock offerings. He is adept at preparing and coordinating all aspects of financial statement audits and other assurance services. Ian remains informed of the ever-changing rules and regulations affecting community banks and assists his clients in dealing with accounting and financial matters that impact their business.
Registration to the live session includes:
- One online connection
- CPE credit for registrant
- Permission to reproduce the handouts and other written material for additional attendees at your location
Only registered attendees of the live session can obtain CPE credit. Attendees of FMS live webinars also receive two views of the On-Demand version of the program they attend. Use this bonus feature to share the program with colleagues or as a refresher at a later date. Instructions for viewing the on-demand session will be emailed to you at the conclusion of the live event.
|| Earn up to 1 hours of CPE credit.
- Level: Basic
- Prerequisites: None
- Advance preparation: None
- Field of Study: Accounting - Technical
- Instructional Method: Group Internet Based
- Length: 60 minutes
For more information regarding administrative policies such as concerns or refunds, call 800-ASK-4FMS (800-275-4367). FMS is registered with the National Association of State Boards of Accountancy as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses. Complaints regarding sponsors may be addressed to: The National Registry of CPE Sponsors, 150 Fourth Avenue, North, Suite 700, Nashville, TN 37219-2417 Web: www.nasba.org.
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