CECL Impact FAQ: Data Challenges

We answer questions from your peers related to data challenges for CECL implementation.

The FASB’s current expected credit loss (CECL) standard requires a considerable amount of historical data for forward-looking measurement of lifetime risk. Our recent survey of firms across the U.S. indicates that 35% view data availability as their second most significant challenge to implementing CECL.

Download the CECL data FAQs to gain further insights on how peer firms are thinking about the impact of the new CECL standard.

CECL Data Challenges