FREE PREVIEW
|
LOGIN OR SUBSCRIBE NOW TO READ THIS ARTICLE
|
Analyst argues against CECL implementation delay
|
Banking
Tuesday, April 14, 2020
|
|
One of the provisions of the CARES Act federal stimulus package passed at the end of March was the delay of compliance with Current Expected Credit Loss (CECL) accounting rule for banks, bank holding companies or their affiliates.
Although the financial services industry has cheered each announcement of a delay in implementation in CECL compliance, Kroll Bond Rating Agency (KBRA) Senior Director Ethan Heisler argued in a recent report that the implementation of the new accounting standard should not be delayed.
Read on for details from the report.
TO READ THE FULL STORY
|
|
Already a subscriber?
Problems logging in?
Please call 330-659-6101 x 805 or email us for assistance.
|
|
Today's other top stories