Thursday, September 29, 2022

FORVIS

FORVIS, LLP ranks among the nation’s top 10 professional services firms. Created by the merger of equals of BKD, LLP and Dixon Hughes Goodman, LLP (DHG), FORVIS is driven by the commitment to use our FORward VISion to deliver unmatched client experiences. Offering an array of services—including audit and tax, internal audit, regulatory compliance, loan review, CECL consulting, cybersecurity, M&A consulting, FDICIA consulting, and strategic planning—FORVIS helps institutions like yours manage risk, keep compliant, and reach shareholder goals. The Oklahoma Financial Services team is dedicated to servicing over 70 Oklahoma community banks. FORVIS provides various training programs through OBA, including an annual Banking Symposium, bi-annual Internal Audit Seminar, CECL Workshops, and Compliance Roundup. Complimentary (often CPE-eligible) webinars, seminars, articles, podcasts, and videos specific to the banking industry are available at https://www.FORVIS.com/forsights.

CONTACT INFORMATION:
Oklahoma Practice (Offices: Oklahoma City, Tulsa, & Enid)
Two Leadership Square
211 N. Robinson Ave., Ste. 600
Oklahoma City, OK 73102-9421
Phone: 405.606.2580, Fax: 405.600.9799
Contacts: Geron Morgan, CPA, Bryan Neal, CPA, and Lori Jackson, CPA, CRCM
Emails: geron.morgan@forvis.com, bryan.neal@forvis.com, lori.jackson@forvis.com
Website: www.FORVIS.com

With the effective date of the current expected credit loss (CECL) standard quickly approaching for nonpublic entities, it’s important your institution has set clear goals for compliance and developed a timeline for implementation. We understand some institutions have already adopted the standard, some have a strong implementation plan, and some are just starting out. No matter where you are on your CECL journey, FORVIS can provide assistance to help make the process easier and your implementation team stronger. Our professionals offer a depth of CECL knowledge and experience that will help benefit your financial institution, board of directors, and customers.

Not one CECL implementation process is identical to the next. FORVIS offers a variety of offerings designed to help meet the needs of any financial institution. However, we realize each institution’s needs are unique, so if you have any questions, need assistance, or would like to discuss your bank’s implementation progress, combine our hometown service with the resources of a national firm and you’ll begin to understand why FORVIS is the trusted advisor your institution has been looking for.