A tailored course, built for your situation
Deeper command of IFRS 9 and CECL convergence frameworks
Build fluency in the underlying standards shaping modern credit risk provisioning
$199 one-time
24-hour access provisioning
30-day money-back guarantee
Hand-built implementation playbook
12 modules. 12 chapters per module. 144 chapters total.
12 modules, each with 12 chapters (144 chapters total), text-based, plus downloadable templates and a hand-built implementation playbook delivered alongside course access.
Who this is for
Senior credit risk practitioner at a global bank navigating dual IFRS 9 and CECL requirements
Who this is not for
Analysts new to provisioning, auditors seeking checklists, or consultants wanting slide templates
What you walk away with
- Confidently lead internal discussions on ECL model alignment across US GAAP and IFRS
- Anticipate regulator questions on segmentation, forward-looking information, and probability weighting
- Reference exact specification differences in disclosure requirements between regimes
- Explain calibration rationale with framework-level precision, not just model mechanics
- Build reusable documentation templates aligned to convergence best practices
The 12 modules (with all 144 chapters)
Module 1. Core objectives of IFRS 9 and CECL
Understand the intent behind each framework, including how each defines expected credit losses, lifetime vs. 12-month exposures, and risk sensitivity.
12 chapters in this module
- Origins of IFRS 9 post-crisis
- FASB's CECL mandate rationale
- Philosophy of forward-looking provisions
- Time horizon differences
- Loss emergence period treatment
- Divergence in probability weighting
- Treatment of prepayments
- Definition of default threshold
- Threshold for significant increase in credit risk
- Modification accounting principles
- Hedge accounting interface
- Disclosure intent comparison
Module 2. Stages and life cycle classification
Break down the staging logic in IFRS 9 and contrast it with CECL’s single lifetime expected loss model.
12 chapters in this module
- Stage 1 criteria under IFRS 9
- Stage 2 triggering events
- Stage 3 default definition
- Rolling 12-month PD vs. lifetime
- Credit risk deterioration signals
- CECL’s no-staging approach
- Lifetime loss assumption rationale
- Vintage vs. behavioral grading
- Migration between stages
- Backtesting stage transitions
- Internal rating alignment
- Overrides and governance
Module 3. Forward-looking information integration
Compare how macroeconomic scenarios are selected, weighted, and embedded in ECL calculations under both standards.
12 chapters in this module
- Macroeconomic variable selection
- Scenario design under IFRS 9
- Probability weighting methods
- Unbiased vs. prudent estimates
- Scenario calibration frequency
- CECL’s reasonable and supportable period
- Reversion to historical averages
- Model lag in forecast updates
- Expert judgment documentation
- Stress testing integration
- Scenario sensitivity reporting
- Governance of assumption changes
Module 4. Segmentation and pooling strategies
Explore how portfolios are defined and segmented under both frameworks for accurate loss estimation.
12 chapters in this module
- IFRS 9 homogeneity criteria
- Common risk characteristics
- Vintage-based segmentation
- Product complexity tiers
- Geographic pooling logic
- CECL granularity expectations
- Lifetime loss by cohort
- Behavioral scoring bands
- Collateral type stratification
- Small balance homogeneous exemptions
- Overlay of manual segments
- Validation of segment stability
Module 5. Probability of default modeling
Compare PD model design, inputs, and calibration standards across regimes.
12 chapters in this module
- PD term structure under IFRS 9
- Lifetime PD requirements
- Marginal vs. cumulative PD
- Calibration to long-term average
- Macroeconomic sensitivity
- CECL implied PD derivation
- Implied default rates from market data
- Migration matrix use
- Cure rate assumptions
- Behavioral PD adjustments
- Backtesting PD accuracy
- Model validation expectations
Module 6. Loss given default and exposure frameworks
Examine LGD and EAD modeling differences, including collateral valuation and discounting methods.
12 chapters in this module
- Discount rate for LGD under IFRS 9
- Realizable value vs. market value
- Costs to sell inclusion
- Collateral revaluation frequency
- LGD uncertainty adjustments
- CECL gross-up approach
- Discounting at effective interest rate
- Recovery timing assumptions
- EAD for off-balance sheet exposures
- CVA and ECL interaction
- Working capital fluctuations
- Credit conversion factors
Module 7. Data infrastructure and governance
Map data lineage, quality thresholds, and governance models required to support both regimes.
12 chapters in this module
- Data granularity for staging
- Historical loss data retention
- Scenario data sourcing
- Model input audit trail
- Change control process
- Versioning of assumptions
- Metadata documentation
- Data validation rules
- Exception handling process
- Third-party data governance
- Cloud system integration
- Automated anomaly detection
Module 8. Disclosure and audit readiness
Align reporting outputs to public disclosure requirements and auditor expectations under both standards.
12 chapters in this module
- IFRS 7 disclosure categories
- CECL footnote requirements
- Sensitivity analysis presentation
- Scenario narrative drafting
- Model summary documentation
- Auditor challenge points
- Benchmarking to peers
- Internal control assertions
- SOX compliance linkage
- Third-party review coordination
- Management commentary framework
- Q&A preparation playbook
Module 9. Interplay with Basel and stress testing
Integrate ECL outcomes with capital planning, stress testing, and regulatory capital frameworks.
12 chapters in this module
- ECL vs. incurred loss for capital
- Stress testing overlay use
- Reverse stress testing input
- Pillar 2 implications
- ICAAP integration
- DFAST/CCAR alignment
- Internal transfer pricing impact
- Reserve volatility management
- Capital conservation buffer
- Management actions in scenarios
- Forward-looking capital plans
- Regulatory challenge response
Module 10. Provision volatility and earnings impact
Understand how ECL changes flow through income statements and affect financial stability.
12 chapters in this module
- P&L volatility under IFRS 9
- Smoothing mechanisms allowed
- Accumulated OCI treatment
- CECL’s impact on retained earnings
- Dividend policy sensitivity
- Analyst communication strategy
- Earnings guidance adjustments
- Market perception of reserve builds
- Loan loss provision trends
- Peer comparison metrics
- Investor Q&A preparation
- Economic cycle communication
Module 11. Implementation playbook and internal alignment
Drive consistent adoption across modeling, finance, audit, and risk functions.
12 chapters in this module
- Cross-functional governance model
- Steering committee setup
- Model risk management policy
- Training roll-out plan
- Change management roadmap
- Internal audit scoping
- External consultant coordination
- Lessons from early adopters
- Timeline for model updates
- Feedback loop design
- Issue escalation protocol
- Success metrics tracking
Module 12. Future trends and methodological evolution
Stay ahead of emerging consensus on hybrid models, AI use, and regulatory expectations.
12 chapters in this module
- Hybrid models emerging
- Machine learning in ECL
- Explainability requirements
- AI bias mitigation
- Automated model monitoring
- Real-time scenario updates
- Cloud-native architecture
- Interoperability standards
- Regulatory sandbox testing
- Climate risk integration
- Scenario generator tools
- Next-generation disclosure formats
How this maps to your situation
- When aligning global provisioning practices
- Before auditor deep-dive sessions
- During model validation cycles
- After macroeconomic forecast updates
Before vs. after
Before
Provisioning discussions rely on model outputs without deep framework fluency.
After
You lead with authoritative command of IFRS 9 and CECL's structural logic, calibration trade-offs, and disclosure architecture.
What's included with your purchase
- 12 modules with 12 chapters each (144 chapters)
- Downloadable templates and worked examples for every module
- Hand-built implementation playbook delivered alongside course access
- 30-day money-back guarantee
Delivery and format
- Course and learning environment access provisioned within 24 hours of purchase
- Hand-built implementation playbook delivered alongside course access
Format: Text-based modules and chapters in the Art of Service learning environment, plus downloadable templates and worked examples for every chapter, plus the hand-built implementation playbook delivered alongside course access.
Time investment: 45, 60 minutes per module, designed for completion over six weeks with applied work between sections.
How this compares to the alternatives
Public webinars offer surface-level updates; internal training varies by region; certification programs focus on exam prep. This course delivers structured, cross-framework mastery with implementation-grade templates tailored to global banking contexts.
Frequently asked
Is this course technical enough for model validators?
Yes, each module includes technical specifications, calibration logic, and audit-defense reasoning relevant to validators and methodologists.
How is the course structured?
12 modules, each containing 12 chapters (144 chapters total).
Does this cover regional variations like UK IFRS or US-only CECL?
Yes, the course highlights jurisdiction-specific applications while focusing on core convergence and divergence points.
$199 one-time. 45, 60 minutes per module, designed for completion over six weeks with applied work between sections..
Within 24 hours your account in the learning environment is provisioned and the tailored implementation playbook is delivered alongside it.
30-day money-back guarantee·
144 chapters·
Hand-built playbook included·
Account access within 24 hours