The Role of Audit in CECL Compliance
Instructor:
Daniel Clark
Product ID: 705528
Training Level: Basic to Intermediate
- Duration: 60 Min
Why Should You Attend:
With all the attention placed on CECL, it is important that organizations utilize all resources available to them. Also, Internal Audit is in a unique position to help the organization develop and implement CECL processes.
This webinar provides both parties with real time ideas on how the Internal Audit department can provide consultative expertise during development and then independent testing during implementation, thereby assuring management that CECL controls are sustainable and effective.
To better understand CECL requirements and how the internal audit department can support management’s efforts in complying with those requirements. Internal Audit should not come in after the fact and state that the process implemented was wrong, rather Internal Audit should be part of the process to counsel with management on what controls should be implemented, provide independent assessment of control design and effectiveness and once implemented, test controls to ensure sustainability.
Areas Covered in the Webinar:
This webinar will help participants excel in those areas.
- CECL requirements
- Current Status of CECL Implementation
- Audit testing possibilities
- Consultative opportunities
- CECL Process enhancements
- Reporting
Who Will Benefit:
- Auditors
- Audit Managers
- Audit Leaders
- Risk Managers
- Model Risk staff
- Compliance officers
- Business executives
- External auditors
- Consultants
Daniel Clark
SVP General Auditor, Washington Trust Bank
Daniel Clark has over 25 years of experience in risk management and auditing. He has served in many senior auditing/risk roles culminating as chief auditor for midsize and large regional and global financial organizations. Mr. Clark has in-depth knowledge on how to integrate diverse processes into a seamless risk based audit approach that keeps audit on the cutting edge of development and value impact. His insights into the audit and risk world translate into meaningful guidance through a communication style that is fun, animated, and very participative. Mr. Clark has trained auditors and other business leaders for over five years.
Refund Policy
Our refund policy is governed by individual products and services refund policy mentioned against each of offerings. However in absence of specific refund policy of an offering below refund policy will be effective.
Registrants may cancel up to two working days prior to the course start date and will receive a letter of credit to be used towards a future course up to one year from date of issuance. ComplianceOnline would process/provide refund if the Live Webinar has been cancelled. The attendee could choose between the recorded version of the webinar or refund for any cancelled webinar. Refunds will not be given to participants who do not show up for the webinar. On-Demand Recordings can be requested in exchange. Webinar may be cancelled due to lack of enrolment or unavoidable factors. Registrants will be notified 24hours in advance if a cancellation occurs. Substitutions can happen any time. On-Demand Recording purchases will not be refunded as it is available for immediate streaming. However if you are not able to view the webinar or you have any concern about the content of the webinar please contact us at below email or by call mentioning your feedback for resolution of the matter. We respect feedback/opinions of our customers which enables us to improve our products and services. To contact us please email [email protected] call +1-888-717-2436 (Toll Free).
