Reminder CECL Webinar April 11th

"Ask the Regulators" webinar on upcoming changes to the Current Expected Credit Losses (CECL) accounting standard will be held tomorrow, April 11, 2019, at 2 pm. Don't forget to register. 

The webinar will cover the significant differences financial institutions should expect in their accounting procedures following the CECL changes, scheduled for 2022. Participants will use the registration link to log into the webinar.

The webinar will focus on how CECL changes will affect smaller institutions and will include a detailed discussion of the weighted average remaining maturity method for estimating the allowance for credit losses. There will be a question-and-answer session, and participants also may submit questions in advance at rapid@stls.frb.org.

The webinar, hosted by the Federal Reserve Bank of St. Louis, will be presented by staff from the NCUA, the Financial Accounting Standards Board, the Federal Reserve, the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency, the Securities and Exchange Commission, and the Conference of State Bank Supervisors.

The NCUA will post updated frequently asked questions about the anticipated CECL changes in the near future.

Register Now