BAN2022. Welcome & Introductory Remarks and Getting Ready for Year-end: Update from the Chief Accountants of the Federal Banking Agencies

With the third quarter in the rearview mirror, what should be top of mind heading into the fourth quarter? This session will provide the latest perspective on the current COVID-19 environment from the perspective of the agencies. Topics include observations on the allowance (both ALLL and ACL), loan modifications, government programs (e.g., Main Street lending), impairments and other financial reporting observations.

Learning Objectives:

• Analyze and apply supervisory policy developments
• Evaluate financial and call reporting considerations for year-end