MST announced today it has opened registration for its 2018 National ALLL/ CECL Conference, to be held May 23-25 at the La Cantera Resort & Spa in San Antonio, Texas. The three-day educational event, now in its eighth consecutive year, is the nation’s only conference dedicated to issues related to the allowance for loan and lease losses (ALLL) and the transition to CECL, hence the evolution of the conference name from the National ALLL Conference to the National CECL Conference. The 2018 Conference will again be dedicated to delivering insights and information critical to financial institutions as they transition to and implement the new allowance accounting standard, current expected credit loss (CECL), considered the biggest change in banking since Dodd-Frank.
Consistently rated a top industry event by attendees, the Conference brings together industry thought leaders and experts, financial institution peers, CPAs, auditors and regulators for interactive educational content and networking. Attendees include employees from all financial institution departments concerned with the estimation of the loan loss reserve, the bank or credit union’s most critical quarterly calculation.
“Lenders are in the midst of their preparations for CECL, and learning just how substantial and broad the implications of that change are to their institutions,” offered MST CEO Dalton T. Sirmans. “Again this year, as we did last year, the Conference will focus squarely on CECL and expected loss estimating. Our presenters have been intimately involved with CECL throughout its development and will help institutions understand, prepare, implement and even benefit from the changes to how they calculate their loan loss reserves.”
“In the community and regional banking space, the MST Conference provides more, deeper and better information on the allowance than any other I know of,” noted Graham Dyer, partner, Accounting Principles Consulting Group of Grant Thornton, and member of the Financial Accounting Standards Board’s Transition Resource Group. “Attendees get a breadth of perspectives from professionals at the leading edge of thinking about all things related to the allowance. But I also see the tremendous benefit they get from networking. They’re in the real world dealing with real problems and they can talk with other professionals dealing with the same problems.”