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CECL Preparation: Questions to Consider When Selecting Loss Methodologies

by Jonathan Leonardelli | Mar 18, 2019 | Regulations

Paragraph 326-20-30-3 of the Financial Accounting Standards Board (FASB) standards update[1] states: “The allowance for credit losses may be determined using various methods”. I’m not sure if any statement, other than “We need to talk”, can be as fear inducing. Why is...
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