What Exactly is a “Reasonable and Supportable” Forecast?

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The forecasting requirement in CECL has been one of the most controversial and misunderstood aspects of the new CECL accounting standards update; nevertheless, it is one of the key changes that all banks, regardless of size, will need to incorporate in their allowance calculations. In this webinar, there will be discussion surrounding the two key aspects of economic forecasting: how to generate forecasts and how these forecasts translate into adjustments to the base loss rate.

Who Should Attend: Chief Financial Officer, Chief Credit Officer, Senior Loan Officer, Controller

 

Learning Objectives

  •  Determine what factors should be forecasted
  •  Develop a greater understanding of forecasting methodologies 
  •  Learn how to translate a forecast into a loss rate adjustment

 

Speaker

Ian Dunn
EVP of Products
Visible Equity
Ian Dunn oversees product and analytics teams. He has worked at Visible Equity for over 10 years managing all of their products, including loans, applications, fair lending, marketing, deposits, and CECL. Prior to Visible Equity he worked in real estate development where he managed the design and construction of projects totaling hundreds of millions of dollars. Ian earned his MBA from the UCLA Anderson School of Management and holds an undergraduate degree in engineering. He is also a graduate of the Pacific Coast Graduate School of Banking.

Webinar Fees

Pricing For Price Season Pass
Bank Member $195 $0
Bank Nonmember $249 $0
Affiliate Member $195 $0
Affiliate Nonmember $249 $0

Season Pass Members receive 4 individual logins to every webinar

 

Additional Info

Participants will earn 1.0 CPE credit

Field of Study: Specialized Knowledge

Prerequisites: None

Advanced Preparation: None

Program Level: Basic

Delivery Method: Group Internet Based

Refunds and Cancellations: Webinar registrations are non-refundable. If the registrant is unable to attend the designated time and date of the webinar, a playback link and any written materials will be provided within 2 business days following the conclusion of the webinar

Western Bankers Association is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:www.nasbaregistry.org.

Register

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