Road to New Reality - CECL modeling during (and after) COVID-19



COVID-19 has caused significant disruption in the global and US economy – all of this occurring during the early stages of adoption for one of the biggest accounting changes in recent years – the adoption of Accounting Standards Update (ASU) 2016-13, Measurement of Credit Losses on Financial Instruments (Topic 326). In designing, implementing, and executing CECL methodologies – many institutions are seeing firsthand how CECL models respond to this unprecedented level of economic instability. It is inherently difficult to plan for such “Black Swan” events; however, COVID-19 has highlighted the importance of a CECL modeling process and methodology that performs strongly during both stable times and edge cases.

By attending this webcast you will learn:


Quantitative and qualitative techniques for responding to atypical economic conditions

Points of consideration when selecting and designing reasonable and supportable economic forecasts

Incremental and temporary strategies for idiosyncratic portfolio risks

Techniques for monitoring emerging portfolio trends and shifts in performance outside of direct model drivers



Adam Levy, Partner – KPMG LLP

Anthony Sepci, Partner – KPMG LLP

Emily De Revere, Director – KPMG LLP

Brett Hayes, Director – KPMG LLP

  • When

    Thursday, June 25, 2020
    4:00 PM - 5:00 PM
    Eastern Time

  • Contact

    KPMG Events