The Financial Accounting Standards Board issued the Current Expected Credit Loss (CECL) accounting standard in 2016. Since then, many questions have been raised about what it requires, particularly by ...

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 ...

While many in the credit union industry continue to call for an exemption from the Financial Accounting Standards Board’s current expected credit losses plan, industry groups want the National Credit ...

Does existing guidance on current expected credit loss (CECL) apply to not-for-profit organizations (NFPs)? The answer depends on the types of financial assets an NFP holds. FASB Accounting Standards ...

S&P Global Market Intelligence, a leading provider of data, research, and analytics, and Wolters Kluwer’s Finance, Risk & Reporting business, are partnering to provide an end-to-end Current Expected ...

PHOENIX, Feb. 12, 2025 /PRNewswire/ -- Current Expected Credit Loss (CECL) was intended to better reflect expected losses by lenders. Unfortunately, in most cases its application hasn't met the full ...

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 ...

Equifax, a global data, analytics, and technology company, and Wolters Kluwer’s Finance, Risk & Reporting (FRR) business, are teaming up to provide an end-to-end Current Expected Credit Losses (CECL) ...

CARMEL, Ind., June 16, 2025 /PRNewswire/ -- Baker Hill is on a mission to empower financial institutions to lend better, faster, and more. Over the past six months, BKR has rapidly expanded and ...

As debates rage over the incoming current expected credit loss standard, it has achieved the rarest of feats in today’s political environment: bipartisan accord, however dubious it may be. Lawmakers ...