After the CECL transition: Now comes the hard part

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 financial services companies that have been preparing to meet the new standard.

Original Article Posted at : https://www.accountingtoday.com/opinion/after-the-cecl-transition-now-comes-the-hard-part