Credit Loss (CECL) Model: Interpretative issues presentation – September 2017

This presentation discusses interpretative accounting issues related to the application of FASB’s current expected credit loss (CECL) model, included in FASB ASC 326. The presentation was made by members of the AICPA Depository Institutions Expert Panel (DIEP) and FASB Credit Losses Transition Working Group (TRG) during the September 2017 AICPA National Conference on Banks and Savings Institutions. The presentation focuses on recent activities of the DIEP and issues resolved at the FASB Credit Losses TRG meeting.