How Credit Unions Can Prepare for CECL Implementation

Changes in the accounting and reporting of credit risk have been in the works since the financial crisis, but that doesn’t make adopting them a simple task. In order to help with that, this guide will explore several topics.

  1. 1. Due diligence
  2. 2. Establish a working group
  3. 3. Identify gaps
  4. 4. Make a plan

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