ABA to FASB: Subject CECL to Strong Cost-Benefit Test, Delay Implementation
Summarizing the complexity within key aspects of the Financial Accounting Standards Board’s Current Expected Credit Loss model for loan impairment ...
Tag: Loan loss accounting
ABA’s Gullette: CECL Tweaks Not Meaningful Community Bank Relief
Efforts by the Financial Accounting Standards Board to placate the concerns of community financial institutions about its new loan loss ...
ABA Spearheads CECL Workshop with FASB, Regulators and Auditors
ABA yesterday hosted a six-hour private workshop with bankers, banking regulators, SEC, PCAOB, auditors and the Financial Accounting Standards Board ...
ABA Calls for More Discussion, Possible Re-Exposure of CECL Standard
In a letter to the Financial Accounting Standards Board yesterday, ABA called for FASB to hold additional meetings and the ...
ABA Raises CECL Concerns During Long-Awaited FASB Meeting
FASB board members said they would address several of ABA’s concerns as the final standard is issued and implementations proceeds ...
ABA Resources for FASB CECL Roundtable Now Available
In advance of the community bank roundtable meeting that the Financial Accounting Standards Board is hosting on Thursday to address ...
CECL: Simply Complex in the Real World
Here it comes! ABA's Mike Gullette on FASB's long-expected final Current Expected Credit Loss standard for impairment of loans and ...
Nichols: More Clarity Needed on CECL Standard
In a letter to the Financial Accounting Standards Board today, ABA President and CEO Rob Nichols called for more clarity ...
FASB Announces CECL Roundtable
In response to ongoing feedback from bankers and ABA staff related to FASB’s Current Expected Credit Loss impairment accounting standard, ...
