Insights

CECL Implementation After the financial crisis of 2008, it was widely agreed that it had been aggravated by the incurred loss methodology existing then, which

CECL AND CALL REPORTS The Financial Accounting Standards Board (FASB) issued the Current Expected Credit Losses methodology (CECL), a new accounting standard for estimating allowances

CECL AND THE WARM METHOD The Financial Accounting Standards Board (FASB) recommended the Current Expected Credit Loss (CECL) accounting standard for more timely recognition of

CECL AND IFRS 9 ACCOUNTING STANDARDS The Financial Accounting Standards Board’s (FASB) Current Expected Credit Loss (CECL) model requires financial institutions to estimate lifetime expected

CECL IMPLEMENTATION AND EARLY ADOPTERS The Financial Accounting Standards Board (FASB), in June 2016, issued the Accounting Standards Update (ASU) No. 2016-13, which introduced the

CECL IS APPROACHING In June 2016, the Financial Accounting Standards Board (FASB) provided us with a new expected credit loss accounting standard. The current expected credit losses methodology (CECL) was introduced by this new accounting standard to estimate allowances for credit losses. The