This course will help you gain an understanding of key elements of current expected credit loss (CECL) as well as the additional changes that will affect business purchases, debt securities and loan commitments. As part of the discussion, we will explain CECL models, Life cycle losses and forecasting.
Gain an understanding of key CECL concepts.
Gain an understanding of basic CECL models.
Gain an understanding of key data elements and why data is needed.
Gain an understanding of CECL effects on debt securities.
Michael Umscheid is the President and CEO of ARCSys. Mr. Umscheid has been providing consulting and auditing services to public and non-public companies for over 30 years. He has a specialization in CECL accounting as well as internal control audits.