2021 AICPA & CIMA Conference on Banks & Savings Institutions: DHG Highlights The American Institute of Certified Public Accountants (AICPA) and Chartered Institute of Management Accountants (CIMA) held the annual Conference on Banks & Savings Institutions in-person and virtually on Sept. 20 - 22, 2021. DHG was honored to be an event sponsor this year. The following ar...
Internal Audit's Role in Model Validation for First Time CECL Adopters Now is the time for banks to put January 2023 on their to-do list as it is the date for the next round for adoption of the current expected credit loss (CECL) standard. Internal audit teams should access the model governance and controls framework as well as the implementation timeline to determi...
Is the New CECL SCALE Tool Right for your Community Bank? For the next group of current expected credit loss (CECL) model adopters, the January 2023 deadline for calendar year institutions gets closer with each week. Many community banks have expressed concerns about expected operational difficulties with meeting the requirements. To help, the Federal R...