Insights
PREPARING FOR THE CECL AUDIT – DATA TRANSPARENCY
CECL UPDATES GUIDANCE ON THE MEASUREMENT OF CREDIT LOSSES The Financial Accounting Standards Board (FASB) released a new accounting standard, the Current Expected Credit Losses
CECL IMPLEMENTATION CHECKLIST FOR SUCCESS
CECL IMPLEMENTATION DURING THE PANDEMIC The Financial Accounting Standards Board’s (FASB) accounting standard, Current Expected Credit Losses (CECL), is one of the more challenging accounting
AN IN-DEPTH EXAMINATION OF THE PROBABILITY-OFDEFAULT/ LOSS GIVEN DEFAULT METHOD
OVERVIEW OF THE PROBABILITY- OF-DEFAULT/ LOSS GIVEN DEFAULT METHOD The Financial Accounting Standards Board (FASB) is flexible when it comes to choosing the applicable methodology for implementing the Current Expected Credit Losses (CECL) standard. It
DEEP DIVE INTO WARM AND DISCOUNTED CASHFLOW METHODS
CECL THROUGH WEIGHTED- AVERAGE REMAINING MATURITY METHOD AND DISCOUNTED CASH FLOW ANALYSIS The Current Expected Credit Losses (CECL) standard was issued by the Financial Accounting
A DEEP DIVE ON VINTAGE AND ROLL-RATE METHODS
ESTIMATING CECL USING VINTAGE AND ROLL-RATE METHODS Post the 2007-2008 financial crisis, the Allowance for Loan and Lease Losses (ALLL) method proved inadequate for the
AN OVERVIEW OF THE 5 MAIN MODELS THAT ARE RECOMMENDED FOR CECL
THE CECL METHODOLOGIES The Current Expected Credit Losses (CECL) methodology for estimating allowances for credit losses came into existence on June 16, 2016, and was
