


Table of Contents
Share with network
Related Insights
Fifteen years after the financial crisis that led to its creation and six and a half years since the issuance of ASU 2016-13, the implementation date for current expected credit loss methodology (CECL) has finally come and gone. As with many areas of CECL, regulatory guidance explaining when model validations are warranted versus when an internal audit may be appropriate, has been infrequent and ambiguous. To make this determination more confusing, there are wide-ranging definitions of the word “validation” being used by vendors across the industry. In this article, we discuss the difference between an internal audit and a validation and provide some perspective on items to be considered when making the determination as to which is more appropriate for your institution.
[hubspot portal="23546948" id="8511bf87-e8d6-4949-a93f-5c445707f203" type="form"]


AI has evolved from a niche academic field to a transformative force in modern technology, impacting industries from healthcare to finance. This article breaks down key AI concepts, explores its history, and examines its technological evolution to help you understand its growing role in our future.


CDP disclosure is rapidly becoming a global standard for environmental reporting. As sustainability regulations tighten and supply chain transparency grows, businesses that engage with CDP can gain a competitive edge, enhance stakeholder trust, and prepare for evolving ESG compliance requirements.


Open-Source Intelligence (OSINT) and social engineering pose serious cybersecurity threats by leveraging publicly available data and psychological manipulation to gain unauthorized access. Organizations can mitigate these risks through advanced security protocols, employee education, and penetration testing to identify vulnerabilities before they are exploited.