This presentation, delivered at the CUNA Finance Council Conference in May 2023, focuses on the key accounting implications that a merger can have on credit union financial statements on day one and thereafter.
Key Takeaway The immediate recognition of the potential credit losses from COVID by the largest banks are a good illustration of how CECL should work. Wilary Winn offers CECL estimates…
Key Takeaway This white paper demonstrates how we prospectively worked to incorporate major macroeconomic events into our clients’ ALM and credit risk analyses. How Can We Help You? Released May…
Key Takeaway Wilary Winn provides turnkey ASC 310-30 accounting. We also offer comprehensive CECL calculations as well as capital stress testing, concentration risk analyses, and estimates of real return. How…
This May 2013 paper addresses the concepts behind FAS ASC 310-30, when and how it should be applied, and provides best practices on implementation. Loan and pool-level examples, including journal entries, are included to demonstrate the effects of the accounting quarter over quarter.