Developing The ALLL
Date: April 2, 2013
Time: 12:00 PM-1:30 PM CST
The Allowance for Loan Losses is, in most cases, the largest estimate on a credit union’s financial statements. The level maintained and funding required can have significant impact on financial results. The Allowance for Loan Losses is required to contain losses that exist in the loan portfolio, regardless of whether they are specifically identified or not. Funding methodologies have changed over the years as loan products and risk levels have changed. So what should the balance be in this critical account? And perhaps more importantly, how can the methodology assure the arrival at a proper level of funding? These requirements of generally accepted accounting principles will be discussed, as well as regulatory concerns, to explore what is happening in credit unions today.
Webinar on Demand (train at your convenience 24/7)- $200
For more information, please contact Carrie Buchholz at:
(P) 405.702.8622 ext. 215