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#2255605 - 06/18/21 04:45 PM Q-factors for CECL
Arrom Kim Offline
New Poster
Joined: Jun 2021
Posts: 1
Hello,

New to this forum. We're struggling to figure out how to apply q-factors for CECL and was wondering if anyone can give some input on how they are applying q-factors/approach used for CECL?

Thank you.

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Audit
#2256342 - 07/06/21 09:13 PM Re: Q-factors for CECL Arrom Kim
ccman Offline
Platinum Poster
Joined: Sep 2007
Posts: 896
Are you referring to Quantitative or Qualitative factors? The FED will have a roll-out on July 15 to aid community banks on preparing for CECL.

It may help you. The methodology seems to be the biggest mystery in this subjective "crystal ball" approach to loan loss reserves. Best of luck.

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