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Steps for a Successful CECL Impementation

Some of the key questions addressed in this paper include:

  • What is the best practice for ensuring successful CECL implementation?
  • What are the challenges and opportunities banks face in regards to modeling decisions and how can institutions overcome these challenges?
  • Why is it important to integrate CECL with stress testing processes?
  • What should financial institutions be looking for in a solution for CECL?