FASB’s new Current Expected Credit Loss (CECL) standard brings a significant change to credit loss accounting, and the road to compliance presents many challenges for financial institutions. Today’s implementation decisions will have major long-term impacts on the efficiency and effectiveness of the new loss allowance process.
Join Laurent Birade of SAS as he explores the challenges faced by institutions and offers practical insights on the attributes needed in a successful CECL implementation. Create a sustainable process that can satisfy the various stakeholders (auditors, regulators, investors, directors) without overtaxing your staff and infrastructure.
