The Board, Investors and Expected Credit Loss

CECL will touch every aspect of your business. It is likely to have substantial effect on your bottom line. So it is essential that your board and, your investors understand CECL, how it will impact your institution’s processes and profits, and what you are doing to prepare for the new accounting standard. The session’s panel will address these issues from a position of particularly rich experience – and from all key perspectives.



Michael Gullette, the panel moderator, is vice president of accounting and financial management for the American Bankers Association (ABA). He has been the voice of the ABA, and therefore the industry, to FASB throughout the development of CECL.

Garry Rank, a consultant working with MST Advisory, spent three decades at a top 30 regional accounting firm, specializing in corporate financial auditing, accounting and financial reporting as well as consultation on governance, financial systems and internal controls. Garry is a highly regarded veteran speaker, presenting accounting updates at previous National ALLL Conferences.

Chad Kellar is a partner in Crowe Horwath’s Advisory Services business unit focusing on transaction advisory, valuation, accounting consultation, and model validation services.  Chad is one of the firm’s subject matter experts on the valuation and accounting for financial instruments and is in charge of Crowe’s CECL Implementation Services.

Ben Hoffman is a managing director with KPMG’s Credit Risk Group and leads the firm’s ALLL specialist group in support of KPMG’s external audit clients, and is a co-chair of KPMG’s CECL steering committee.

Walter McNairy is the managing partner of DHG Financial Services. He leads a team of 35-plus partners and more than 300 audit, tax and consulting professionals, overseeing the work done for clients throughout DHG’s footprint.