DEEP DIVE INTO THE WARM METHOD AND AVERAGING EFFECTS ON OUTLIERS
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 credit losses to avoid any financial crisis-like situation in the banking industry. The CECL model is now based on expected losses and not on incurred losses. The FASB does not […]
