Beyond ALLL Doubt: Methodology & Policy Development in Uncertain Times

Presenter: Jason Howard, CPA, Wipfli LLP
Date: Wednesday, October 17, 2012
Time: 2:00 - 3:30 pm Central

Focus:
Developing and maintaining an Allowance for Loan and Lease Losses (ALLL) model requires a significant amount of time and energy to meet the ever-changing accounting and regulatory landscape.  For most credit unions, the ALLL calculation is the single largest management estimate.  This estimate is critical to monitor overall balance sheet strength.  Noncompliance can cause significant accounting and regulatory headaches if the ALLL model is not properly designed to meet today’s complex requirements.  This webinar is designed to share current ALLL model trends and techniques based on experiences gained through observations of ALLL models for credit unions of all sizes.

What You Will Learn

  • Quick review of the three key components of a well-structured ALLL
  • Understanding and documenting environmental factors
  • Internal-control considerations and best practices for the ALLL
  • Regulatory and accounting hot topics regarding ALLL and troubled-debt restructurings
  • ALLL trends for credit unions – where have we been and where are we going?

Who Should Sign Up?
This informative session is best suited for CEOs, CFOs, internal auditors, and senior lending personnel.

About the Presenter:
A CPA and AICPA National Banking School graduate, Jason Howard has worked with community-based financial institutions for over ten years   With a focus on financial statement audits, ALLL consultation, merger and acquisition accounting assistance, internal audit, and loan review, Jason provides client services and solutions to meet the changing regulatory and accounting environments.

As a member of Wipfli’s Technical Issues Committee, Jason continuously monitors industry changes and has presented at numerous industry events covering industry hot topics such as current trends and techniques for developing and maintaining an ALLL reserve; proper accounting for other real estate owned; troubled debt restructurings; and accounting considerations related to merger and acquisition activities.

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