CECL for Auto Finance: Compliance Cost or Business Opportunity?

In June 2016, the Financial Accounting Standards Board (FASB) issued new standards that change how financial institutions account for expected credit losses. Beginning December 15, 2019, most organizations will have to comply with these new standards. Doing so will require a substantial shift, not just for accountants, but for those in line-of-business, risk, collections, and modeling teams within the US auto finance industry. This webinar shares insights on strategies to prepare for the deadline, demonstrate compliance and drive business performance improvements that contribute to higher levels of return on risk-adjusted assets moving forward.