Current Expected Credit Losses (CECL) Model – Part 2 of 5

30/07/2019 9 min
Current Expected Credit Losses (CECL) Model – Part 2 of 5

Listen "Current Expected Credit Losses (CECL) Model – Part 2 of 5"

Episode Synopsis

In this episode of The GAAP Reporter, host Kara Peterson continues the discussion with Jason Kalies on the FASB’s current expected credit losses (CECL) model. They discuss the concept of principles-based versus rules-based accounting, the scope of the CECL model, and how impactful the new impairment standard will be.