CUNA announced a new eSchool to assist credit union professionals in complying with Current Expected Credit Loss (CECL) reporting regulations.
The Current Expected Credit Loss eSchool, to be held Dec. 11-20, includes seven, 30-minute sessions. Attendees will learn about the essentials of CECL, the different models with which to calculate a reserve, and which model works best for their credit union.
“When it comes to Current Expected Credit Loss reporting, every credit union is different,” said Amanda Schumacher CUNA instructional design finance/operations manager. “From the cash flow model to the expected loss pool model and more, the CECL eSchool will help credit union professionals learn about the concepts and models before choosing what works best for their credit union.”
In addition to the seven, 30-minute sessions on various CECL topics, an optional one-hour consultation with Twenty Twenty Analytics is available to attendees to assist in choosing the best course of action for your credit union.