Banks reconsider business approaches as CECL draws near
A pending new requirement for how to reflect loan losses in financial statements is beginning to affect how banks do business, according to a recent poll.
Related articles
-
Article
Guidance equips companies to advance CECL adoption
Recent guidance and potentially more to come is aiding companies in their long journey to adopt the new CECL method for reflecting credit losses.
-
ArticleAccounting change drives new ideas about how to do business
As new accounting rules begin to change key metrics in financial statements, companies are beginning to reconsider certain aspects of how they do business.
-
ArticlePCAOB’s Christina Ho: How emerging technologies could improve audit quality
Emerging technologies, like artificial intelligence (AI) and advanced data analytics, can improve audit quality in significant ways. As the regulatory overseer of public-company audits, the Public Company Accounting Oversight Board (PCAOB) has a critical role to play by ensuring that its audit standards evolve as the audit profession evolves.