#1January 10, 2023
Tales from the Frontline of CECL Implementation – Part 3
Learning lessons from CECL implementations. Welcome to the third CECL Express e-book! 2022 was a year of systemic design, decision making and testing for…
Read more#2December 27, 2022
The Need for Scenarios in CECL
Liquidity and CECL. The Financial Accounting Standards Board (FASB) considers a few parameters as necessary for calculating expected credit losses for banks and other financial…
Read more#3December 14, 2022
Discount Cashflow: Why It Makes Sense and What It Needs
IFRS 9 and the DCF methodology. The accounting models for credit impairment have received a big boost from the International Accounting Standards Board (IASB) and…
Read more#4November 23, 2022
Implementing CECL Quickly
CECL implementation. After the financial crisis of 2008, it was widely agreed that it had been aggravated by the incurred loss methodology existing then, which…
Read more#5November 8, 2022
Can the Call Report Be Used Alone to Generate CECL?
CECL and call reports. The Financial Accounting Standards Board (FASB) issued the Current Expected Credit Losses methodology (CECL), a new accounting standard for estimating allowances…
Read more#6October 25, 2022
Deep Dive into the WARM Method and Averaging Effects on Outliers
CECL and the WARM method. The Financial Accounting Standards Board (FASB) recommended the Current Expected Credit Loss (CECL) accounting standard for more timely recognition of…
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