Current Expected Credit Loss (CECL) Validation
QuantyPhi's CECL Validation service is designed to ensure your credit union's compliance with the Current Expected Credit Loss (CECL) accounting standard.
- Assess your credit loss estimation methods, ensuring they align with your credit union’s needs and industry standards. Our team reviews modeling, assumptions, and data inputs for accuracy and best practices.
- QuantyPhi ensures your CECL policies and procedures are comprehensive, well-documented, and consistently applied, offering recommendations for improvements to boost efficiency and effectiveness.