Managing Spreadsheet Risk In CECL Reporting
With Current Expected Credit Loss (CECL) reporting fast moving up the corporate agenda at many financial institutions, CECL project teams are now contemplating the issues involved, and the best approach to deliver the results from December 2019.
The power and flexibility of spreadsheets means they will feature heavily in any CECL project, during the planning and the go-live. However this flexibility exposes CECL filers to critical data governance and audit issues that need to be understood and managed.
Download this Whitepaper to learn about how to manage spreadsheet risk in CECL:
- Do you know where your key spreadsheet risk will be in CECL?
- Do you have a plan to mitigate these risks, to deliver your first results error-free, on time and on budget?
- Do you have a plan to identify, manage and monitor your most important CECL spreadsheets?