In June 2016, the Financial Accounting Standards Board issued Accounting Standards Update (ASU) No. 2016-13, Financial Instruments—Credit Losses (Topic 326). The ASU is the new impairment standard, ...

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 ...

Many industry leaders, influencers and stakeholders continue to question and raise doubts around the new accounting standard for Current Expected Credit Losses before it takes effect in 2020.

There’s a lot being written right now about the Current Expected Credit Loss accounting standard, or CECL — but scant attention is going to a critical challenge facing many community banks in ...

Two more service providers are joining forces to help finance companies navigate the complicated protocols associated with upcoming changes implemented by the Financial Accounting Standards Board ...

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 ...

Black Book responded to auto finance companies and buy-here, pay-here dealers still looking for help on how to comply with upcoming accounting changes in connection with reserving for losses. On ...

NEW YORK--(BUSINESS WIRE)--Moody’s Analytics, a leading provider of financial intelligence and analytical tools, announced today that Raymond James Financial has selected the Moody’s Analytics Current ...

NEW YORK and DENVER, May 8, 2018 /PRNewswire/ -- Situs, the premier provider of strategic business and technology solutions to the real estate and financial services industries, today announced that ...

BROOKFIELD, Wis.--(BUSINESS WIRE)--Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today that financial institutions now have a streamlined ...