Registration open for May 3 webinar on Simplified CECL Tool

NCUA will host a webinar on May 3 explaining the agency’s Simplified CECL Tool, created to help small credit unions implement the current expected credit losses (CECL) accounting standard.

Registration for this webinar is now open, and it will begin at 12:30 p.m. ET and run approximately 60 minutes. It will be closed captioned, and there is no charge to participate.

Chris McGrath, acting chief accountant with the NCUA’s Office of Examination and Insurance, will demonstrate the Simplified CECL Tool and discuss topics including:

• The tool’s methodology;

 

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