Understand the expectations of auditors and regulators: CECL model documentation

Documenting your CECL implementation, methodology, and model details is critical. Proper documentation will provide insight into how your CECL model operates, model limitations, and key assumptions. To help you focus on what’s essential, we’ve developed a checklist to guide you throughout the process.

Download our checklist to gain access to documentation tips that can effectively position you for:

• On-going model use from CECL adoption forward
• Sound validation practices to help assure on-going appropriateness
• A framework with defined roles and responsibilities for oversight, communication, and authority