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Peter Cherpack, Senior Director of Ardmore’s Credit Technology group, recently conducted the pre-conference CECL workshop with Michael Gullette , Senior VP of Tax & Accounting for the ABA during the American Bankers Association’s (ABA) annual CFO Exchange Conference last week in Austin, TX.

50 bankers attended the workshop, entitled “Comprehensive Q-Factor Analysis Under CECL for Community Banks” which explored best practices in CECL implementation. The presentation addressed the best use of Q-factors and loss estimation scenarios through hands on access to Ardmore’s software partner Argus’s analytical tools, which give bankers the ability to organize their data for CECL and automate the calculation and reporting processes.

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