New Expectations For Q Factors With CECL
On-Demand Webinar
A new accounting standard means lots of changes, including how qualitative factors (Q Factors) apply. In this webinar, gain an understanding of Q Factors with CECL. Learn how they need to be applied; how they vary based on the complexity of a loan portfolio and your chosen model and how different statistical approaches justify qualitative adjustments. We will also offer insights on the AICPAs recently released guidelines for auditing CECL.Objectives:
- Gain an understanding of how Q Factors need to be applied under CECL as opposed to the incurred loan loss model
- Learn how Q Factors vary based on the complexity of the loan portfolio
- Learn how different statistical approaches justify qualitative adjustments
- Understand how loan groupings can impact the qualitative considerations needed
- Receive expert insights into AICPA’s recently issued guidelines for auditing CECL
Speakers:
Janet Leung
Managing DirectorPCBB