This whitepaper discusses the many complexities related to CECL and examines the importance of institutions taking a proactive monitoring and backtesting approach. The steps detailed in this paper are critical in driving the accuracy of a CECL model, required in a sound model risk management plan, and are a practical approach for management to fully understand the assumptions used within the CECL model.
Fill out the form to download our Q1 2021 Technical Series Digest. Here you will find the Monitoring & Backtesting CECL whitepaper, audience demographics, poll responses, Q&A from the webinar, as well as the webinar slide deck, and video recording.
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