CECL: A solution in search of a problem
The new accounting standard meant for publicly traded firms creates greater headaches for privately held community banks. ... Read full article
News Topic: Russell Golden
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FASB chair defends CECL: ‘The benefits justify the cost'
Russ Golden, the chairman of the Financial Accounting Standards Board, says implementation of its credit loss rule should go forward, but will issue new supporting documents ... Read full article
FASB to consider delaying CECL deadlines for smaller firms
Accounting rules group is weighing whether to consolidate and push back deadlines for smaller firms to comply with credit-loss accounting change in light of concerns they will not be ready. ... Read full article