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Link to FASB’s Draft for Credit Losses (CECL)

Brandy Aycock
June 8, 2016
Read Time: 0 min

The swirl of CECL in the air has many financial institution professionals looking for the draft of the upcoming accounting standard.

From FASB’s website . . .

Accounting for Financial Instruments—Credit Losses

Last updated on May 20, 2016. Please refer to the Current Technical Plan for information about the expected release dates of exposure documents and final standards.

The link below is to the project page with links to many facets of the accounting standard and the deliberations that have gone into the project.

http://www.fasb.org/jsp/FASB/FASBContent_C/ProjectUpdatePage&cid=1176159268094

 

About the Author

Brandy Aycock

Brandy Aycock is Director of Event Marketing at Abrigo.

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Abrigo enables U.S. financial institutions to support their communities through technology that fights financial crime, grows loans and deposits, and optimizes risk. Abrigo's platform centralizes the institution's data, creates a digital user experience, ensures compliance, and delivers efficiency for scale and profitable growth.

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