The implementation of Current Expected Credit Loss (CECL) in 2020 has been highly anticipated. The new accounting standard should make financial statements better reflect the underlying economics.

However, with a COVID-19 induced recession, there have been talks of delaying its enactment.

In this white paper, Summit Consulting summarizes the accounting elections and provides insights into how to manage accounting volatility due to an uncertain economic outlook.

Topics: white paper, COVID-19, CECL

I recently sat down with Joe Monaghan, CEO of Aon’s Public Sector Partnership, and Bridget Gainer, COO, and discussed risk transfer for the second of a three-part podcast series. (Check out part 1 here.)

Topics: Complexity Simplified (podcasts), risk transfer, COVID-19

As expected, renters struggled to pay their April 1st rent. According to the report published by the National Multifamily Housing Council, approximately 31% of multifamily renters did not make their April 1st payment. This figure is up 12 percentage points from March 2020 and 13 percentage points from April 2019.

Topics: data analytics, predictive analytics, COVID-19, multifamily housing

This ongoing series of podcasts focuses on the impact of the pandemic to the economy and the efficacy of various policy interventions. It features economists, policy makers, and industry experts analyzing real-time information, trends, and policy ideas as we weather this pandemic. 

Topics: Complexity Simplified (podcasts), COVID-19, Podcast Series - COVID-19, commercial real estate market, asset class

Last week, I spent some time with Summit’s in-house Agile coach, Derek Hills. Derek’s deep experience in Agile and Scrum are helping Summit with stakeholder engagement, transparency, and predictable delivery for some of our most challenging project management engagements.

Topics: Complexity Simplified (podcasts), Scrum, agile, predictable delivery, Program Management and Business Modernization

Recently, I spent some time chatting with Hudson Hollister, Board Member at the Data Foundation and Founder of HData, a thought-leader in the RegTech space.

Topics: Complexity Simplified (podcasts)

This ongoing series of podcasts focuses on the impact of the pandemic to the economy and the efficacy of various policy interventions. It features economists, policy makers and industry experts, analyzing real-time information, trends and policy ideas as we weather this pandemic. 

Topics: Complexity Simplified (podcasts), Podcast Series - COVID-19, Real Estate Markets, labor markets

This ongoing series of podcasts focuses on the impact of the pandemic to the economy and the efficacy of various policy interventions. It features economists, policy makers and industry experts, analyzing real-time information, trends and policy ideas as we weather this pandemic. 

Topics: Complexity Simplified (podcasts), COVID-19, policy interventions, Podcast Series - COVID-19

I recently sat down with Joe Monaghan, CEO of Aon’s Public Sector Partnership, and Bridget Gainer, COO, and discussed risk transfer. In these times of economic volatility, risk transfer is never more relevant.

Topics: Complexity Simplified (podcasts), risk transfer, COVID-19

Dr. Albert Lee, Founding Partner of Summit Consulting, talks with Dr. Mark Hutson, Summit’s Manager of Data Science and Modeling & Statistics about his recent paper Predictive Analytics: the New Tool to Combat Fraud, Waste and Abuse.

Topics: data analytics, predictive analytics, Complexity Simplified (podcasts)