2019 reg page simple cecl

CECL Made Simple Workshop
August 2, 2019
HCUL Education Center

Aloha and Welcome to the online registration

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To mail a check, please click here to print registration form and mail completed form with check to:
Hawaii Credit Union League
1654 South King Street
Honolulu, HI  96826

Registration Deadline:  July 18, 2019

Current expected credit loss. CECL. Much has been said about how it changes the ALLL calculation. Even though regulators have assured the industry that smaller, less complex institutions won’t have to hire a third-party provider to meet the requirements, a tremendous amount of uncertainty remains for those credit unions. Finding a workable in-house solution has proven difficult. Until now. 

In this nuts-and-bolts workshop, we boil CECL's requirements down to their essentials, and walk you through three methodologies, step-by-step. We demonstrate how to calculate and incorporate the average life of loans, as well as how to build a model that incorporates a reasonable and supportable forecast. We spend most of our time in spreadsheets, walking you through each step of the way. Can it be more complex? Yes, but that’s not what we’re interested in. We want to keep it as simple as possible, so you can grasp key concepts, and walk away with an idea for how you can comply. It's easier than you think. You can totally do it.

Business casual attire is appropriate. Room temperature may vary, so please bring a sweater or jacket.

Pakela Awards for Educational Excellence Credit Hours:  3 hours per session

This program is presented by Hawaii Credit Union League and is registered with Hawaii State Board of Public Accountancy.