Q-FACTORS – THE SECRET SAUCE FOR EVERY US INSTITUTION
Q FACTORS UNDER CECL Most financial institutions in the U.S. were left wondering about the fate of their qualitative factors, also known as Q factors, under the Current Expected Credit Losses (CECL) standard when it was issued by the Financial Accounting Standards Board (FASB) in 2016. Bankers, faced with a 2023 CECL implementation date, wonder […]
