Financial reporting and regulatory requirements regarding the Allowance for Loan and Lease Losses (ALLL) have changed drastically over the last ten years. And those changes have made a significant impact on the financial condition of banks and credit unions and how those financial institutions evaluated by regulators.
Our consultants have assessed ALLL methodology for numerous financial institutions. We will review your methodology for estimating the ALLL and validate the ALLL process. We provide an independent evaluation and ensure that your ALLL methodology meets accounting and financial supervisory guidelines.