As your organization faces pressure to modernize and remain competitive in an environment of increased regulation and scrutiny, you need multi-disciplinary solutions to address your needs.
KPMG’s alliance with SAS leverages the industry knowledge and experience of KPMG professionals, working with SAS’s dedicated analytic software platform, to provide services in the areas of accounting and regulatory change, as well as risk and financial data management.
CECL and IFRS 9
Regulatory bodies from across the globe have introduced changes to financial reporting to ensure that it is more forward-looking and reflective of the overall risk portfolio. The new CECL and IFRS 9 standards require a deeper level of credit modelling, analysis and reporting than was previously expected. These changes are significant in terms of how financial institutions manage risk and financial data, build their analytic platforms and share information.
KPMG takes a multidisciplinary approach to CECL and IFRS 9 adoption, providing services related to accounting and regulatory change, as well as the broader risk management and financial data environment. Together, KPMG professionals and SAS can help your organization address the challenges of the new ECL accounting standards.
Some or all of the services described herein may not be permissible for KPMG audit clients and their affiliates or related entities.