CECL

The following 12 items are listed by Content Data.
Articles

Challenges to Model Validation Under the New CECL Standard

On June 16, 2016, the Federal Accounting Standards Board (FASB) finalized the Current Expected Credit Loss (CECL) standa...
Subscriber Content
Mon, Nov 12, 2018
Articles

Are You Ready for CECL Model Validation? The Answer Is a Resounding … Maybe.

Whether financial services organizations are prepared for the impact of the Current Expected Credit Loss (CECL) standard...
Subscriber Content
Mon, Nov 26, 2018
Articles

Impact of the New Current Expected Credit Loss (CECL) Methodology

In this article, Protiviti provides a summary of the Financial Accounting Standards Board’s proposed CECL methodology an...
Subscriber Content
Mon, Jan 21, 2019
Articles

CECL Financial Statement Disclosures — What’s Changing?

Protiviti explains precisely which aspects of legacy U.S. GAAP and other related guidance are changing under the CECL st...
Subscriber Content
Mon, Apr 22, 2019
Articles

Applying Qualitative Factor Overlays on CECL Models: Key Considerations

This article provides qualitative and environmental factors an organization should consider for a successful CECL prepar...
Subscriber Content
Mon, Jul 22, 2019
Articles

No Stone Unturned: Key Considerations for Finalizing CECL Model Implementation and Validation

This article answers questions related to the implementation of the new CECL standard and helps organizations become bet...
Subscriber Content
Mon, Sep 2, 2019
Articles

CECL: A Regulators’ Perspective

In this article, Protiviti’s Todd Pleune and Jeffrey Marsh outline regulators’ viewpoint on the CECL journey, as outline...
Subscriber Content
Mon, Sep 30, 2019
Articles

With FASB Deadlines Finalized, a Final Checklist for CECL Readiness

For the smaller institutions that have until the end of 2022 to comply with the FASB's four major accounting standards, ...
Subscriber Content
Mon, Jan 6, 2020
Articles

Dynamic Markets, Changing Regulations: Is Your Loan Portfolio Management Practice Moving in Step?

This article reviews loan portfolio risk in today’s financial market and identifies four key areas where loan portfolio ...
Subscriber Content
Mon, Feb 3, 2020
Articles

CECL and the New AICPA Practice Aid: What Audit Committee Members Need to Know (Part 1)

This article explores the Current Expected Credit Loss (CECL) accounting standard updates and introduces the AICPA’s Pra...
Subscriber Content
Mon, Mar 2, 2020
Articles

CECL and the New AICPA Practice Aid (Part 2): Financial Statement Presentation and Enhanced Financial Statement Disclosures

Part two of our CECL discussion will drill down into requirements intended to ensure that financial statement presentati...
Subscriber Content
Mon, Jun 15, 2020
Articles

CECL and the AICPA Practice Aid (Part 4): Modeling Considerations and COVID-19

Part 4 of our AICPA Practice Aid highlights the pandemic’s impact on loss models and provides key considerations finance...
Subscriber Content
Mon, Jan 25, 2021