FASB CECL Model: Final Release

 

Starting CECL

 

The FASB issued the final CECL standard on June 16, 2016. The new accounting rules will be effective for SEC-filing institutions beginning on December 15, 2019.

To learn more about CECL, access the CECL Prep Kit for additional resources.


Related Asset - Blog
Final CECL guidance issued by FASB

Excerpt Pulled From Blog:

"The Financial Accounting Standards Board (FASB) has issued its final guidance on the new current expected credit loss (CECL) model. Here are the details."

Read More: https://www.alll.com/resource-center/final-cecl-guidance-issued-fasb/


Related Asset - Whitepaper:
CECL Implementation Prep Guide

CECL Implementation Prep Guide - Download the PDF


Related Asset - Whitepaper:
CECL Data Prep Guide

CECL Data Prep Guide - Download the PDF

 


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