Part 2 - CECL and the fair value option for specialty finance companies
On May 26, in part two of our webcast series, RSM professionals deep dived into the fair value option available under ASC 326-20 (CECL), with a specific focus on its implications for specialty finance companies. In the recording of this one-hour webcast, you will gain insights into the costs and benefits of this approach and the methods for calculating the fair value on loans.
Key topics included:
- An overview of the new credit losses standard
- Fair value option, including available methods and specific assumptions