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ALLOWANCES for LOAN LOSSES  Form

ALLOWANCES for LOAN LOSSES Form

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welcome to another tutorial video this time around we're gonna go through a topic that is very specific to commercial banks and financial institutions groups the reason we're doing this is because lately I've been working on a new version of our bank and financial institution modeling course so I'm gonna share with you a small portion of one of the topics that we cover in the course that topic is known as the allowance for loan losses or the provision for credit losses and it's about how much banks expect to lose now this lesson is very specific to banks it's about a key accounting topic and it's very important in this industry but if you're not interested in banks or financial institutions you don't need to watch this unless you really want to learn something new so just be aware this is certainly not applicable to the generic industrial or manufacturing or consumer retail company out there in this lesson we're gonna cover four main points first I'm going to tell you a bit about the a

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