FASB extends CECL, what should you do now? Focus on data!

first_img ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr While very few institutions return complete data in time, most can obtain the basic CECL data sets needed. Download this schedule of data elements summarized by the following categories: continue reading »center_img On October 16, 2019, the Financial Accounting Standards Board approved the change in the adoption dates for several standards including CECL. This extension means more time for your credit union to gather important data. At ARCSys, we currently have clients loading data back to the year 2000, with most loading data back to 2008 or 2009. Clients are also sending their old optical files which we are converting to return data in time for the new adoption date.More data will allow you to have better control over your allowance, and reduce the volatility in your calculations. Spend this extra time getting your data; it’s that important!This data process has several key phases:ObtainLoadValidate, reconcile and report exceptionsModel Segment/Class risk structuresUnadjusted and adjusted dataForecast with External Q Factorslast_img read more

Blues title challenge ‘maybe over’ – AVB

first_imgChelsea manager Andre Villas-Boas conceded that his team’s title hopes are all but over following their 1-1 home draw against neighbours Fulham.They have lost momentum since a recent victory against leaders Manchester City and the Boxing Day result was their third successive draw.Villas-Boas declared after the City win that their title challenge was back on, but now accepts they face a tall order.AdChoices广告“We had reduced it [City’s lead] to seven points recently, but with City and Manchester United continuing to get the points they are getting, it will be difficult,” he said.“That is the perspective we have to make. Maybe the Premier League is over for us at the moment.“We’d targeted the December fixtures as an ideal situation to find out what would happen in the Premier League. We continue to do that.”Chelsea were on course for a much needed victory but were pegged back by Clint Dempsey’s equaliser and were then unable to find a way past outstanding Fulham goalkeeper David Stockdale.Villas-Boas added: “Our performance was good. We tried to get the second goal but Stockdale had a fantastic day.“Fulham were very well organised in the first half. They were solid and compact and made things difficult for us.”Related story: Gamble paid off – Fulham bosslast_img read more

Sellas Tetteh: “Semifinal is Ghana’s minimum target at World Cup”

first_imgFor Sellas Tetteh, it is semi-finals or nothing.That’s Ghana’s target for the impending Under 20 World Cup.The Black Satellites coach has set the last four as the minimum target the tournament that starts May 30 in New Zealand. But he will have to contend with Argentina, Panama and Austria at the group stage.”My initial target is to be in the semi final then after that we see what happens,” Tetteh tells Joy Sports.”That is our target, but not the ultimate,” said the man who has won gold and bronze in his last two attempts. The former assistant Black Stars trainer was speaking from New South Wales after Wednesday’s 1-0 loss to Portugal, which was the team’s final trial match. Tetteh has led the team through months and he insists the readiness regime is almost complete. “We are almost 80 percent ready for the  mundial and that is good news but we have to at least manage till we get the best from the squad.””At the moment the conditioning of the  players is quite appreciable. They are close to hitting top form,”The Black Satellites are three-time African champions, having previously won in 1995, 1999, and 2009 as well as two-time runners-up at the World Youth Championships – 1993, 2001.Ghana also finished third in 2013. The 2015 FIFA U-20 World Cup will be the twentieth edition of the U-20 World Cup since its inception in 1977 as the FIFA World Youth Championship.  The competition will take place for the first time in New Zealand, the third time on Oceanian soil after Australia staged the 1981 and 1993 editions.–last_img read more

Get those pests out of your house. Call, TNT…

first_imgDon’t let this creepy critter go unchecked. IT’S THAT TIME OF YEAR!  Keep pests OUT of your home!  Call TNT Pest Control today to protect your home and loved ones.Call Robert or Eric @ 620-326-5577or 580-741-1262 (cell) Âlast_img


first_imgODDS-ON FAVORITE KENTUCKIAN STEADIES SHARPLY GOING TO FAR TURN AND RUNS THIRD ARCADIA, Calif. (April 12, 2015)–Longshot Yiannis showed good speed and motored to a 1 ¼ length win in Sunday’s $75,000 San Pedro Stakes at Santa Anita. Trained by John Sadler and ridden by Victor Espinoza, Yiannis came out and brushed with runner-up Serbian Syclone approaching the sixteenth pole, but survived a stewards inquiry to get the win in only his second start.A nose maiden special weight winner going 5 ½ furlongs on Jan. 31, the Kentucky-bred ridgling by Midshipman was off at 7-1 in a field of eight sophomores and paid $17.80, $7.60 and $3.60. Owned by Hronis Racing, LLC, he was purchased out of a 2-year-old in training sale in March, 2014 for $560,000. With the winner’s share of $47,400, he increased his earnings to $81,000.“It looked like the other horse was getting a little a tired, so I didn’t think he was going by us,” said Sadler in defense of the stewards’ verdict. “The race he won has turned out to be a very productive race. We knew this was a pretty big jump in class, but the timing worked out well and he came into this a fresh horse.”Espinoza, who rode top Derby candidate American Pharoah to a sensational win in Saturday’s Arkansas Derby, notched his second win of the day aboard Yiannis.“He broke a step slow and I had to send him, but as soon as we had the lead, it was over,” said Espinoza. “I was a little nervous during the inquiry at one point, but then I watched the replay and I felt confident. It was a little close, but we didn’t have any contact with Serbian Syclone.Ridden by Tyler Baze, who had three winners earlier in the day, Serbian Syclone was off at 11-1 and paid $11.20 and $4.40.Trained by Jerry Hollendorfer, Kentuckian came off of an 11 length first out maiden score at Golden Gate Fields and was the solid 3-5 favorite with Rafael Bejarano and paid $2.40 to show.Breaking from post position two, Kentuckian layed third at the rail going into the far turn behind the winner and longshot Guy Code, had was forced to steady sharply at the three eighths pole and was shuffled back to fifth at that point.“He broke good, but he was a little intimidated by the rail and I had to take up when we got pressure from the outside,” said Bejarano.Racing resumes at Santa Anita on Thursday, with first post time at 1 p.m. Admission gates open at 11 a.m.last_img read more


first_imgTHERE are a lot of sore heads in the Rosses today after Naomh Muire took the Intermediate Championship crown in Letterkenny on Sunday. Jacksonsmediatv was there to capture the occasion.Click play to watch   DDTV: VIDEO HIGHLIGHTS FROM NAOMH MUIRE’S CHAMPIONSHIP FINAL WIN was last modified: October 14th, 2013 by John2Share this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:DDTV: VIDEO HIGHLIGHTS FROM NAOMH MUIRE’S CHAMPIONSHIP FINAL WINlast_img read more

Golden State Warriors grocery shop with five Bay Area families

first_imgGolden State power forwards Jordan Bell and Jonas Jerebko joined five Bay Area families to grocery shop at Lucky’s market in Alameda as part of the team’s Season of Giving campaign, which aims to “brighten the lives of thousands.”Lucky’s partnered with the Warriors and 18 Reasons, a local non-profit that helps educate low-income families on maintaining healthy diets. So far this season, Warriors players, coaches, executives and front office staff have volunteered more than 500 hours, helped …last_img read more

Prospect makes highly-anticipated debut in Athletics win over the Astros

first_imgHOUSTON — The A’s beat the Astros, 5-3, on Wednesday at Minute Maid Park ion what turned out to be a big night for Oakland’s top pitching prospect.Jesús Luzardo, one of the top pitching prospects in all of baseball, made his big-league debut. He dealt three innings, striking out two and allowing just one hit and one run — Martin Maldonado’s homer. Luzardo, 21, was in line to be on the Opening Day roster until a shoulder strain cost him the first two months of the season. His return to the …last_img read more

Galaxy Evolution Problem: A Case Study in Criticizing Paradigms

first_img(Visited 63 times, 1 visits today)FacebookTwitterPinterestSave分享0 “When you have a clear contradiction like this, you ought to focus on it,” say scientists who found problems with the leading theory of galaxy evolution.The leading theory for the evolution of galaxies is wrong, scientists at Rochester Institute of Technology and Case Western Reserve University are saying.  Whether or not their alternative involving collisions is superior, they are using their experience as a platform to discuss bigger issues in the philosophy of science.Dwarf galaxies that orbit the Milky Way and the Andromeda galaxies defy the accepted model of galaxy formation, and recent attempts to wedge them into the model are flawed, reports an international team of astrophysicists.The study pokes holes in the current understanding of galaxy formation and questions the accepted model of the origin and evolution of the universe. According to the standard paradigm, 23 percent of the mass of the universe is shaped by invisible particles known as dark matter.The astronomers noticed that dwarf galaxies surrounding the Milky Way and Andromeda spirals tend to inhabit orbital planes around their parent galaxies, instead of being located in clumps at random orientations, as predicted by theory.  Three recent papers trying to explain away those observations are flawed, the team of 14 astronomers from 6 countries concluded.  The astronomers used this disconnect between paradigm and observations to preach a sermonette on the need to question established beliefs:The standard cosmological model is the frame of reference for many generations of scientists, some of whom are beginning to question its ability to accurately reproduce what is observed in the nearby universe. Merritt counts himself among the small and growing group that is questioning the accepted paradigm….Scientific progress embraces challenges to upheld theories and models for a reason, Merritt notes.“When you have a clear contradiction like this, you ought to focus on it,” Merritt said. “This is how progress in science is made.”Merritt’s team offered an alternative “tidal” model involving interactions with a galaxy cluster, but the moral of the story about questioning accepted paradigms does not necessarily require offering an alternative at all.  Sometimes making a U-turn on a wrong road can be considered progress even before a better road is chosen.Wouldn’t it be nice if we could get Darwinists to follow this rule?  How many “clear contradictions” to Darwinian theory have we uncovered in the past 14 years, most of them from secular scientists themselves?  Do they ever “focus” on them?  Rarely.  The “standard model” of neo-Darwinism is the “frame of reference for many generations of scientists,” too, but when anyone starts “beginning to question its ability to accurately reproduce what is observed,” they get shouted down, ridiculed and expelled.  Darwinism needs a “small and growing group that is questioning the accepted paradigm…. This is how progress in science is made.”last_img read more

South Africa, US deepen trade ties

first_img26 June 2012 Business Unity South Africa (Busa) has welcomed the revived economic ties between South Africa and the US, after Trade and Industry Minister Rob Davies and United States Trade Representative Ron Kirk signed a trade and investment framework agreement last week. “Busa also supports other agreements and programmes that seek to expand trade and investment between South Africa and the United States,” the organisation said in a statement on Friday. “These include the African Growth Opportunity Act (AGOA) and the Generalized System of Preferences (GSP).” The latest agreement amends a similar agreement signed in 1999 and seeks to deepen the US-South Africa trade and investment relationship. It also provides for an annual forum that will address specific business challenges and will help enhance the trade and investment relationship between the two countries. South Africa-US dialogue Following last week’s signing, Davies and assistant US trade representative for Africa Florie Liser held a South Africa-US dialogue with South African and US businesses, with members of Busa, the US Chamber of Commerce and the Corporate Council on Africa taking part. “It emerged from the meeting that the US did not want to sit by while other regions were taking advantage of mutual commercial opportunities in Africa as well as in South Africa,” Busa said. “Areas of cooperation in the [agreement] were outlined as anti-dumping, phytosanitary standards, investment, energy and infrastructure.”SA’s third-largest trading partner According to Busa, the US is South Africa’s third-largest single country trading partner, with total two-way trade between the two countries valued at US$22-billion in 2011. “South African exports to the US reached $9.5-billion in 2011, a 15.7 percent increase from 2010,” the organisation said. “Last year, $4.6-billion worth of South African products entered the US market duty- free under AGOA, an increase from $1.5-billion in 2010.” SAinfo reporterlast_img read more

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