NCUA and other financial regulators will host a complimentary webinar Thursday, April 11, at 2 p.m. and registration is now open. The webinar will focus on the coming changes to the Current Expected Credit Losses accounting standard.
The webinar will also cover the significant differences financial institutions should expect in their accounting procedures following the CECL changes, scheduled for 2022.
The session, hosted by the Federal Reserve Bank of St. Louis, will be presented by staff from NCUA, the Financial Accounting Standards Board, the Federal Reserve, the FDIC, the Office of the Comptroller of the Currency, the Securities and Exchange Commission, and the Conference of State Bank Supervisors.
As previously reported, CECL has been outlined as one of NCUA’s 2019 primary areas of supervisory focus.