CECL Impact FAQs: Modeling Challenges
We answer questions from your peers related to modeling challenges for CECL implementation.
The FASB’s current expected credit loss (CECL) standard requires timely, forward-looking measurement of lifetime risk using credible models. Our recent poll of firms across the U.S. indicated that 37% are still considering the type of models and methodology they will use in their CECL implementation.
Download the CECL modeling FAQs to gain further insights on how peer firms are thinking about the impact of the new CECL standard.
