When it comes to the new current expected credit losses (CECL) standard, the Financial Accounting Standards Board (FASB) allows for flexibility when selecting the method for your institution. We’ll take a closer look at the application of the current condition and reasonable and supportable forecast adjustments.
At the conclusion of this session, participants will be able to:
- Determine what factors and data are necessary for the current condition and reasonable and supportable forecast adjustments.
- Apply the current condition and reasonable and supportable forecast adjustments.
Presenters:
- Ryan Abdoo, audit partner
- Brian Franey, audit partner
- Kristin Golab, audit senior manager
