CECL Overview & Impact
Thursday, August 10, 2023
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The new accounting standard issued on June 16, 2016, introduced the current expected credit losses methodology (CECL) for estimating allowances for credit losses. While most financial institutions have already adopted CECL, all private companies will be impacted. Hear from our experts, Aaron Kofira and Lisa Palladino, in this video about the background, key considerations and standard requirements moving forward.