LOS ANGELES, CA, UNITED STATES, October 15, 2025 /EINPresswire.com/ -- On July 30, 2025, the Financial Accounting Standards ...

New disclosures under CECL, the current expected credit loss model, might not be the top concern of financial professionals shifting to the updated accounting standard in 2023. Still, revisions to ...

The Financial Accounting Standards Board issued the Current Expected Credit Loss (CECL) accounting standard in 2016. Since then, many questions have been raised about what it requires, particularly by ...

Many industry leaders, influencers and stakeholders continue to question and raise doubts around the new accounting standard for Current Expected Credit Losses before it takes effect in 2020. These ...

NORWALK, Conn. — Russ Golden, chairman of the Financial Accounting Standards Board, is defending the board’s decision to require all publicly traded firms to proactively report and set aside reserves ...

Strong performances by JPMorgan and Morgan Stanley, and disappointments at Goldman Sachs, dominated commentary around the 2019 US bank earnings calls in January. However, lurking in the background was ...

Last week, the Financial Accounting Standards Board (FASB) unanimously voted to delay implementation of the Current Expected Credit Loss (CECL) accounting standard, but segments of the industry still ...

Over the last eight years (longer if one were to consider the events, initial inquiries, comments and processes that got us there), there has been a significant shift surrounding how to account for ...

“Those who fail to learn from history are doomed to repeat it.” Winston Churchill’s words should serve as a warning to the Financial Accounting Standards Board (“FASB”) regarding the Current Expected ...

One of the "Five Things Every Financial Services Professional Needs To Know For 2018" goes by the acronym CECL, which stands for "current expected credit loss." Don't let the innocuous-sounding name ...

To jump-start the US economy amid the COVID-19 crisis, President Trump signed the Coronavirus Aid, Relief, and Economic Security Act on Friday, March 27. The $2 trillion package is meant to provide ...