The Financial Accounting Standards Board (FASB) just took another important step in the runup to CECL implementation, scheduled for January 2020 for SEC registrants and later for others.
FASB just held its long-awaited public meeting on CECL. Contrary to the expectations of many, it was not a heated procession of opponents arguing against CECL from all sides. Rather, it was a...
The banking industry and its allies in Congress have been outspoken in their fierce opposition to CECL since the broad outlines became clear, well ahead of FASB’s formal promulgation – its...
What to do before, during, and after a supplier disruption
A catastrophic fire at the facilities of Meridian Magnesium Products of America, the world's largest producer of magnesium components...
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...