On June 16, 2016, the FASB issued Accounting Standards Update (ASU) 2016-13, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. The amendments in this ASU significantly change how entities will measure credit losses for most financial assets and certain other instruments that aren’t measured at fair value through net income. In our August 2016 report, we focused on the impact of ASU 2016-13 on trade receivables. Since many of our members have financial institution clients, in
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The current expected credit loss model (CECL)—are you ready
Feb 22, 2017 · 1 min read
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Download the CPEA Report February 2017 - The Current Expected Credit Loss (CECL) Model—Are You Ready?
File name: cpea_report_-_february_2017_-_the_current_expected_credit_loss_cecl_model--are_you_ready.pdf
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