CECL AdvisorPRO®

FORVIS Current Expected Credit Losses (CECL) team has experience working with loan data extracts, storing bank financial data, and computer programming. Our team includes CPAs, former regulators, and programmers who can offer upfront consulting services and practical outsourced solutions to community financial institutions.

Our CECL solutions can include:

• Developing a custom timeline for analysis, comparison, and implementation
• Consulting with management on data collection fields, sources and storage
• Consulting on loan pool segmentation
• Modeling CECL methodologies using your data for comparison to current ALLL conclusions
• Running your CECL model quarterly parallel to your existing ALLL process up to implementation
• Helping you develop a CECL policy including assumptions, internal controls, and model governance
• Assisting you in training your board and/or audit committee and risk management personnel
• Running your customized CECL model quarterly thereafter and providing documentation needed to support required disclosures