FASB confirms plans to issue final CECL guidance in 2016
Sep 19, 2015
The FASB now expects the final CECL model to be released in Q1 of 2016. Read the newest information here: http://www.alll.com/resource-center/fasb-now-expects-final-cecl-rule-in-2016/
When the FASB releases final guidance on the credit impairment standard, Sageworks will conduct a panel-style webinar so that industry thought leaders can cover what the standard means for the ALLL calculation, how it will affect institutions and what bankers must do to comply. Sign up to be notified of the webinar time and date and to be automatically registered for it here.
For other resources on preparing for the CECL model, visit these additional resources.
Related Asset - Slides:
FASB’s CECL: How to Prepare Now
Related Asset - Whitepaper:
4 Advantages of ALLL Scenario Building
4 Advantages of ALLL Scenario Building - Download the PDF