Preparing for CECL 2020: Considerations for U.S. Financial Institutions

Preparing for CECL 2020Preparing for CECL 2020

The new CECL accounting standard takes effect January 2020. It overhauls the way potential credit losses are calculated and accounted for by U.S. financial institutions.

Be prepared by downloading our white paper now. In this paper we examine:

  • CECL’s relationship with financial institutions’ risk appetites and balance sheet volatility
  • Challenges posed by impairment modelling and classification of loan instruments and assets under CECL