New disclosures under CECL, the current expected credit loss model, might not be the top concern of financial professionals shifting to the updated accounting standard in 2023. Still, revisions to ...

Since the financial crisis struck in full force a decade ago, the nation’s financial system has been substantially reformed. Most of the reforms were fought hard by financial institutions, and while ...

The Financial Accounting Standards Board issued the Current Expected Credit Loss (CECL) accounting standard in 2016. Since then, many questions have been raised about what it requires, particularly by ...

As someone committed to a wide range of progressive causes, I’ve never been afraid to stand behind tough financial regulations — even when my friends in finance have objected. Processing Content A ...

In an effort to reinforce the financial system, The FASB (Financial Accounting Standard Board) releases new regulations and policies from time to time. To ensure that financial institutions have ...

Strong performances by JPMorgan and Morgan Stanley, and disappointments at Goldman Sachs, dominated commentary around the 2019 US bank earnings calls in January. However, lurking in the background was ...