Current Expected Credit Losses (CECL) Model – Part 1 of 5

30/07/2019 9 min
Current Expected Credit Losses (CECL) Model – Part 1 of 5

Listen "Current Expected Credit Losses (CECL) Model – Part 1 of 5"

Episode Synopsis

In this episode of The GAAP Reporter, host Kara Peterson talks with Jason Kalies to kick off a five-part mini-series on the FASB’s current expected credit losses (CECL) model, which was introduced in Accounting Standards Update No. 2016-13, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. They discuss background on the standard, when it applies, and why it is important.