While some financial institutions are delaying CECL planning and implementation, others are capitalizing on CECL to gain a strategic competitive advantage. What’s your strategy?
Many institutions have delayed planning for a big change to reserve accounting despite a belief that they should start testing systems and methodologies next year.
The Treasury plan includes a slew of items that don’t require Congress to act, and appear feasible in the short term. Here's a guide to what changes could be made.
