Fiserv Named Sponsor at The Knowledge Group’s Event “Current Expected Credit Losses (CECL) Implementation: Tips and Strategies LIVE Webcast,” on 9/26/2018
Fiserv teams up with The Knowledge Group for its upcoming webcast entitled “Current Expected Credit Losses (CECL) Implementation: Tips and Strategies LIVE Webcast.” This event will be held on September 26, 2018 @ 1:00 pm – 2:00 pm ET.
- New York, NY (1888PressRelease) September 13, 2018 - For further details about this event, please visit:
https://www.theknowledgegroup.org/webcasts/current-expected-credit-losses-cecl-implementation/
About Fiserv
Fiserv is a global leader in financial services technology solutions. With our financial management solutions, you gain the insights and agility to make the best decisions at the right time to improve efficiency and profitability. Whether you'd like to optimize budgeting and planning, financial accounting, funds transfer pricing, asset/liability management and/or credit, market and liquidity risk management, Fiserv has the right solution to help you significantly improve performance, minimize risk and simplify compliance.
Event Synopsis
The early implementation of the Current Expected Credit Losses (CECL) is expected this year, and financial institutions grapple with the facets of this new accounting standard.
The CECL includes a more complex credit loss model that requires a more detailed report when calculating and reporting future losses. The implementation of CECL could potentially increase the allowance for loan losses estimates in the years to come. Thus, it is imperative for institutions to fully understand the fundamental framework of CECL, and, to create a committee that would re-evaluate their existing models and processes to help them with the transition to this new accounting standard.
In this LIVE Webcast, a panel of distinguished professionals and thought leaders organized by The Knowledge Group will provide an in-depth discussion of significant updates on the Current Expected Credit Losses implementation. Speakers will also go beyond the basics and share risk mitigation strategies and compliance practices to avoid potential risks and legal pitfalls.
Key topics include:
• Current Expected Credit Losses (CECL): An Overview
• Implementation Framework
• Risk Mitigation Strategies
• Best Compliance Practices
• What Lies Ahead
About The Knowledge Group, LLC Live Webcast Series
The Knowledge Group, LLC is a series of live webcasts produced by The Knowledge Group, LLC, which examine trends, regulatory, and technology changes across a variety of industries. For further details, please visit: http://theknowledgegroup.org/
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