ARCSys Q-Factor System Updates: Refine Your CECL Allowance Through Mastering Qualitative Factors

ARCSys Q-Factor System Updates: Refine Your CECL Allowance Through Mastering Qualitative Factors

Unleash the full potential of the ARCSys system by mastering the new Q-factor updates. This session equips you to leverage updated ARCSys’ system for efficient Q-factor adjustments, while adhering to CECL best practices.

Gain valuable insights into:

• The crucial role of Q-factors: Grasp the purpose of Q-factors and their impact on enhancing the accuracy of your CECL allowance.
• Streamlining Q-factor adjustments: Discover how ARCSys’ system updates simplify the process of incorporating Q-factors into your CECL calculations.
• Building a strong foundation with best practices: Explore key CECL best practices for Q-factors, including:
  • Documenting historical risk & changes: Maintain a clear audit trail by effectively documenting historical risk trends and any adjustments made.
  • Evaluating the risk profile in data inputs: Dive into the significance of risk profile data and its impact on Q-factor adjustments.
  • Analyzing impacts: Analyze the influence of charge-offs, prepayments, probability of default (PD), and loss given default (LGD) on your Q-factor considerations.
  • Creating reasonable and supportable documentation: Master the art of building robust and well-supported documentation for your Q-factor adjustments.

Don’t miss this opportunity to:

• Enhance the accuracy and defensibility of your CECL calculations.
• Maximize efficiency with ARCSys’ Q-factor adjustment tools.

Register today and refine your CECL approach with the power of qualitative factors!

CPE Objectives:

1. Determine when and how to utilize qualitative factors to improve the accuracy of your CECL allowance.
2. Incorporate current Q-factors into the ARCSys ACL Calculator system updates.
3. Discuss the impact of charge-offs, prepayments, PD, and LGD on qualitative factor considerations.
4. Utilize the ARCSys system to develop and document well-supported documentation for Q-factors.

CPE Credit:

• 1.2 CPE Credits for this series
• Level: Intermediate
• Field of Study: Specialized Knowledge
• Instructional Delivery Method: Group Internet Based
• Prerequisites: Experience in bank accounting, lending, or analytics
• Advanced Preparations: None

Refunds and Cancellations

A refund minus a $5 processing fee will be provided for cancellations received by Harbinger Technology Solutions, LLC in writing by May 30th, 2024. No refunds will be given for cancellations received after that date.

A substitution from your institution is welcome at any time. Harbinger Technology Solutions, LLC reserves the right to change instructors or reschedule/cancel sessions when necessary.

Harbinger Technology Solutions, LLC is not responsible for travel penalties incurred due to the modification of the program. For more information regarding refunds, cancellations, and/or other concerns, please contact our offices at srawls@arcsysonline.com.

Harbinger Technology Solutions, LLC is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

*NASBA Approved Provider for Group-Based Internet

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