FASB Greenlights Delay of CECL Implementation for Small Companies
The Financial Accounting Standards Board today voted to extend the implementation of the current expected credit loss standard for certain ...
Tag: Loan loss accounting
Reps. Gonzalez, Budd Call for CECL Delay for All Firms
As the Financial Accounting Standards Board prepares to vote this week on a delay of its current expected credit loss ...
Consumer Lending Group Warns: CECL Could Seriously Limit Credit Availability
As the Financial Accounting Standards Board prepares to vote this week on a delay of the CECL accounting standard for ...
Survey Finds Cost of Funds Top of Mind for Community Bankers
Heated competition for bank funding is an increasingly important focus for community bank leaders, according to an annual survey released ...
Podcast: The Risks of Delaying CECL for Some Banks but Not Others
Since the ABA Banking Journal Podcast last checked in on the Current Expected Credit Loss standard—which is coming into effect ...
ABA Calls for ‘Full, Indefinite’ Delay of CECL for All Banks
The American Bankers Association on Friday called on the Financial Accounting Standards Board to extend a “full and indefinite delay” ...
Pending CECL Delay Should Not Put Off Preparations, Regulators Say
With a pending proposal by the Financial Accounting Standards Board to delay the Current Expected Credit Loss standard’s implementation deadline ...
FASB Issues Proposal to Delay CECL Implementation for Some Institutions
Following a vote last month, the Financial Accounting Standards Board today formally issued its proposal to delay the implementation of ...
ABA’s Gullette: CECL Could Imperil Credit in Economic Downturn
With 75% of bank investors now opposed to the current expected credit loss standard, ABA SVP Mike Gullette highlighted the ...
Senators Call for Faster Pace on Reg Reforms
A group of 13 Republicans on the Senate Banking Committee today urged the federal banking agencies to accelerate implementation of ...
