FASB Keeps CECL Unchanged; ABA Continues to Urge Impact Study
The Financial Accounting Standards Board today declined to make changes to its current expected credit loss model, as proposed by ...
Tag: CECL
Podcast: Where Banks Are on CECL, and Where They Need to Be
With the Current Expected Credit Loss standard for loan loss accounting coming into effect for many banks -- and the ...
Luetkemeyer Warns of CECL’s Negative Consequences for Consumers, Community Banks
Rep. Blaine Luetkemeyer (R-Mo.) today warned of the negative consequences that the Financial Accounting Standards Board’s current expected credit loss ...
As CECL Looms, Prepare for Board Discussions
Loan committees and chairs should be positioned to play a role to facilitate discussions about the new loan loss accounting ...
Fed to Watch CECL Implementation ‘Very Carefully,’ Chairman Says
As banks prepare to implement the Financial Accounting Standards Board’s current expected credit loss standard, Federal Reserve Board Chairman Jerome ...
Luetkemeyer Seeks Information on CECL’s Effect on GSEs
Rep. Blaine Luetkemeyer (R-Mo.) today wrote to Federal Housing Finance Agency Acting Director Joseph Otting today requesting information on how ...
Industry Stakeholders Raise Broad Concerns about CECL at FASB Forum
The Financial Accounting Standards Board’s current expected credit loss standard presents significant operational challenges and stakeholders are concerned about real ...
Positioning for Pro-Growth Policy
Setting ABA’s government relations agenda for 2019.
ABA Urges Regulators to Delay CECL
Noting the lack of guidance for community banks related to the CECL accounting standard, ABA today wrote to the financial ...
Rep. McHenry Calls for Hearings on Several Priority Issues
House Financial Services Committee Ranking Member Patrick McHenry (R-N.C.) wrote to Chairman Maxine Waters (D-Calif.) today urging her to hold ...
