Data has always been the cornerstone of an accurate and compliant allowance for loan and lease losses (ALLL), and it will remain critical under the current expected credit loss model, or CECL. The Q1 ...

Many consumer industry companies extend credit or hold significant financial assets. If yours is one of them, it’s time to gear up for the current expected credit loss (CECL) accounting standard. The ...

Although FASB’s current expected credit loss (CECL) standard will be a significant game-changer for the financial services industry, it is critical that companies that hold financial instruments ...

One of the "Five Things Every Financial Services Professional Needs To Know For 2018" goes by the acronym CECL, which stands for "current expected credit loss." Don't let the innocuous-sounding name ...

(MENAFN- EIN Presswire) EINPresswire/ -- On July 30, 2025, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2025-05, introducing a new practical expedient for ...