WEBCAST

The Road to New Reality: CECL Modeling during (and after) COVID-19

Webcast overview

COVID-19 has caused significant disruption in the global and US economy – all of this occurring during the early stages of adoption for one of the biggest accounting changes in recent years – the adoption of Accounting Standards Update (ASU) 2016-13, Measurement of Credit Losses on Financial Instruments (Topic 326). In designing, implementing, and executing CECL methodologies – many institutions are seeing firsthand how CECL models respond to this unprecedented level of economic instability. It is inherently difficult to plan for such “Black Swan” events; however, COVID-19 has highlighted the importance of a CECL modeling process and methodology that performs strongly during both stable times and edge cases.

Featured speakers

Adam Levy

Adam Levy

Principal, Modeling & Valuation, KPMG US

Anthony Sepci

Anthony Sepci

Partner, Risk Analytics, KPMG US

Emily De Revere

Emily De Revere

Director, Accounting Advisory, KPMG US

Brett D. Hayes

Brett D. Hayes

Director, Advisory, KPMG LLP

Benjamin Harden

Benjamin Harden

Director, Advisory, Modeling & Valuation, KPMG LLP