Life Cycle Modeling and Forecasting vs Reporting Period in CECL

November 4, 2020 | 2:00pm - 3:00pm ET

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About the Webinar

Join our webinar on the use of loan life cycle data vs. reporting period data. While gross charge-offs and recoveries are similar, life cycle data allows the user to dive deeper into their analysis of losses, prepayments, default, and loss given default through time.

Key takeaways:

  • Gain an understanding of the data differences through time between life cycle and reporting period.
  • Understand how reversion modeling affects reporting period modeling, and the importance of selecting the correct loss history.
  • Learn how to adjust your data and the effects of those adjustments on your calculation.

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Presented By

Mike Umscheid
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.