Using Financial Health to Understand and Prioritize Risk Hotspots
With the rise of disruptive incidents from cyber-attacks, to natural disasters, to geopolitical uncertainty, it’s no wonder that...
The Headline Dates for CECL
When FASB released its Accounting Standards Update 2016-13 – Measurement of Credit Losses on Financial Instruments – in June of that year many in the banking...
Since Carillion PLC’s unexpected liquidation in mid-January, fallout from the news has rattled Britain’s construction industry and put the hundreds of companies that worked with Carillion at risk....
Last fall opponents of CECL (Current Expected Credit Loss) made one of their most strenuous efforts yet to derail the FASB initiative (ASU 2016-13 Financial Instruments – Credit Losses). They...
The imposition of CECL reporting, beginning in 2020, presents the US banking industry with unprecedented analytical and administrative challenges. It is no surprise that banks admit to...