WHO SHOULD ATTEND? 

This course will provide a solid foundation for all accountants, auditors, and those involved in financial reporting for financial institutions or other companies that extend credit through lease or other asset portfolios.

WHAT YOU WILL LEARN 

• You will be able to identify the difference between an incurred loss model and an expected loss model

• Understand U.S. GAAP guidance and Current Expected Credit Loss calculations

• You will be able to identify the six main credit loss models

• Develop an understanding of the data and systems requirements for implementation of the credit risk models

• Be able to understand the complexity and accuracy of each model and its impact on CECL ALLL

• Clearly be able to describe the difference in approach and impact of financial statements