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FASB: No Delay for CECL Implementation Date

Abrigo

Firm deadline for CECL implementation set As expected, the FASB agreed to uphold CECL’s 2023 implementation date. You might also like " CECL Streamlined: A Webinar Series for 2023 Adopters". Takeaway 1 The FASB agreed to uphold the 2023 implementation date for those that haven’t yet adopted the CECL standard.

CECL 78
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Global cash flow analysis – common mistakes & helpful hints

Abrigo

Takeaway 2 Ensure you have collected all of the pertinent data. As the OCC’s Internal Guidance from April 9, 2008, explains: An analysis of the guarantor’s global cash flow should consider inflows, as well as both required and discretionary cash outflows from all activities. Lending & Credit Risk. Lending & Credit Risk.