Dates of Event & Pricing

$295 for Webinar and Playback*

*Playback has no expiration.

  • Friday, March 7, 2025

  • 2:00 – 3:00 pm (Eastern Time)

  • 1:00 – 2:00 pm (Central Time)

  • 12:00 – 1:00 pm (Mountain Time)

  • 11:00 – 12:00 pm (Pacific Time)

Curriculum

It’s important to make sure that your CECL model is validated by a third party, and auditors will be looking for this now that the first fiscal year-end under CECL is upon us. While a validation project may not be a major internal undertaking, CECL is new and therefore validation experience is often difficult to find, so you’ll want to get things moving if you haven’t already.

This webinar will cover the validation process, performing the required review of the model for conceptual soundness, outcomes analysis and ongoing monitoring as well as evaluating governance, segmentation, prepayments, and any other assumptions that form part of the quarterly process. In addition, the speaker will discuss how to effectively perform sensitivity testing and reviewing qualitative-factor frameworks and data transformations.

Topics Include: 

  • Regulatory requirements of CECL
  • Effective Model Validation
  • Validation process
  • Monitoring and governance
  • Qualitative-factor frameworks


Who Should Attend?:

  • Risk Management
  • Lending/Credit
  • Internal Audit
  • Compliance
  • Information Security/Technology
  • Executive Management

Instructor

Director, Accounting and Reporting Advisory - Stout Manish Garg

Manish Garg is a Director in Stout’s Accounting & Reporting Advisory practice. He has over 20 years of experience in a variety of accounting and financial leadership roles, including controllership, FP&A, project management, technical accounting, and transaction advisory. He brings a solid technical advisory background, including advising on new and complex transactions, implementing new accounting guidance, and assessing and analyzing accounting and reporting impacts of financial statements. Mr. Garg advises both publicly traded and privately owned companies on compliance with U.S. GAAP and IFRS. Mr. Garg’s extensive expertise lies in the financial services industry, specifically in the areas of business combinations, financial instruments, derivatives and hedging, variable interest entities, tax credits, credit losses, and more. Prior to joining Stout, Mr. Garg was a Vice President at Huntington Bank, where he provided financial accounting and reporting advisory to Huntington’s various businesses. He had also held senior positions in various departments of HSBC and led a global finance transformation project at American Express.

Credits

1.0 CPE Credits & 1.2 AAP Credits