All CECL articles – Page 5

  • Blog

    Bankers expect big accounting change under CECL model

    2016-10-11T15:30:00Z

    Bankers expect CECL, a new rule on how to reflect credit losses in financial statements, to produce big accounting changes. According to Tammy Whitehouse, some say it is the biggest change ever.

  • Blog

    FASB finalizes new rule to accelerate recognition of loan losses

    2016-06-16T11:00:00Z

    FASB has finalized its long-awaited standard giving companies a new, more forward-looking way to account for credit losses in their portfolios. The standard will require companies to reflect expected credit losses on financial assets based on their historical experience, current market conditions, and even forecasts. Tammy Whitehouse has an in-depth ...

  • Article

    Financial world braces for expected credit loss rule

    2016-02-17T14:00:00Z

    A pending new requirement for how banks should write down the value of troubled loans is providing a ringside seat for those in capital markets who want to understand how or why accounting and auditing are becoming more difficult by the day. FASB met with the Independent Community Bankers of ...