Thoughtware

Webinar 11/15/2018

CECL’s Overlooked Effect

Presenters/Authors
Date
11/15/2018 - 10:00 a.m.
Central time
Topics

The focus of the effect of the current expected credit loss (CECL) model has been primarily on loans, and rightfully so. However, CECL’s impact goes beyond loans for community financial institutions. In this webinar we’ll cover the two most common effects; debt securities and off-balance sheet commitments. We’ll examine the effect of the new credit loss standard on debt securities based on the debt security’s classification, whether it’s held-to-maturity (HTM) or available-for-sale (AFS). Finally, we’ll look at CECL’s impact on off-balance sheet loan commitments, including determining which commitments are unconditionally cancelable.

Be sure you’re also registered for our December 5 webinar on CECL & Business Combinations.

Learning Objectives

Upon completion of this program, participants will be able to:

  • Develop an understanding of the different credit loss models for HTM debt securities and AFS debt securities in the new credit loss standard

  • Discuss the accounting for purchase credit deteriorated debt securities

  • Explain the accounting for unfunded loan commitments that aren’t unconditionally cancelable under the new standard



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