About the Webinar
This session will review the CECL data requirements and why underwriting becomes more important under CECL:
- CECL basics
- Specific data types by model
- Historical data needs
- What credit quality factors need to be stored and how often do you update the factors
Watch the Webinar On-Demand
Presented By
Mike Umscheid, President & CEO, ARCSys
Mike has been providing accounting, consulting and auditing services to financial institutions for over 30 years. Considered the “CECL Guru,” Mike was selected by the AICPA to create and deliver their 8-hour CPE course on CECL. He is a past member of the Auditing Standards Board and a published author on Accounting and Auditing for Financial Institutions. Mike has spoken at numerous AICPA conferences as well as other national and local financial institution associations. Mr. Umscheid is also the author of the 8-hour CPE course published by the AICPA for CECL. Mike is currently the President and CEO of ARCSys, a consulting firm that specializes in Allowance for Credit Loss software and CECL. He graduated from Virginia Polytechnic Institute and State University in Blacksburg, Virginia.