FASB CECL Model: Final Release
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