United States

Financial institutions need to think about CECL now to plan effectively

From modeling options to data needs, you have decisions to make


Download white paper

FASB’s proposed Current Expected Credit Loss (CECL) guidance will present significant new financial reporting and accounting challenges and require financial institutions to re-think the way they measure and reserve for credit losses. With final guidance expected by the end of 2015, now is the time to understand and start considering the challenges your institution may face in implementing CECL requirements.

Financial institutions should start today to:

  • Understand CECL and how it will impact their institution
  • Appropriately segment their loan and held-to-maturity investment portfolios based on risk characteristics
  • Choose the right modeling options
  • Define their data requirements

The forecasting demands that CECL will place on financial institutions will be a substantial departure from current practices. Preparing to meet this challenge will take time and effort. The time to start is now.


How can we help you?

Contact us by phone 800.274.3978 or
submit your questions, comments, or proposal requests.

Receive Risk Bulletin by Email


Cybersecurity Rapid Assessment®

Complete our Cybersecurity Rapid Assessment form to be contacted about receiving our "quick-hit" evaluation of your organization’s overall security risk.