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Home > White Papers > Fiserv > Preparing for new credit loss standards

Preparing for new credit loss standards

By: Fiserv
Fiserv

With the recent Financial Accounting Standards Board vote to proceed and the final Accounting Standards Update now published, the Current Expected Credit Loss (CECL) standards remain top of mind for the C-suite in financial institutions. Even though the official adoption deadline has been pushed back to after December 2019, financial institutions should take actions today to help prepare for the new rules. Data is a great place to start.

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Published:  Oct 27, 2017
Length:  1
Type:  White Paper
Tags : 
cecl compliance, cecl consulting, allowance for loan loss calculator, fasb, cecl, current expected credit loss, alco, reserve, alll, allowance for loan and lease loss, loan segmentation, loan pooling credit loss trends, loan reserve



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