Areas of Focus
How changing regulations affect financial institutions
An introduction to the FASB financial instruments credit loss model
2017 community bank advisor
Banks Thought Leadership
Why community banks should embrace the “three lines of defense”Risk management isn’t a one-person job. Gear up your recruiting game, and get others in your organization to help strengthen your defensive line.
Borrowers’ balance sheets bewareFASB guidance on leases will affect every sector of the economy. But for lending institutions, it will require even greater foresight, as your borrowers’ financial statements will look different. Are you ready to modify covenants that affect your clients?
Fraud: Reporting it to the IRSIf you’ve been defrauded, there are two steps to bringing the fraudster to justice. First, tell the police. Then, the IRS.
Bad debt deductions you can bank onBad debts are an unpleasant fact of life in the banking industry. The Treasury Department has developed two different alternatives to help banks calibrate bad debt deductions.
Our clients say
Our team met with Plante Moran experts for a one-day training on CECL; the experience was eye-opening. We now see that we can adopt CECL using an Excel-based tool we can develop ourselves. We’re confident about the path ahead and took a big leap toward adoption based on the clarity provided during this training.