Volume 2 – CECL: Balance sheet volatility and its implications
This article is aimed at exploring the impact that CECL (Current Expected Credit Loss) is likely to have on banks’ balance sheets, and the implications this has for that bank’s risk management function. Are you prepared for the capital provisions required?
The added complexity of CECL (Current Expected Credit Loss) will have a fundamental impact on how CECL is planned for, implemented and integrated into the wider bank reporting mechanisms. It is an example of how wide ranging CECL effects will be felt within the bank, and why the adoption of this accounting standard ought to happen in a wider and far more comprehensive context. Find out what is likely to happen to Balance Sheets and P&L volatility.
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