New disclosures under CECL, the current expected credit loss model, might not be the top concern of financial professionals shifting to the updated accounting standard in 2023. Still, revisions to ...

The Financial Accounting Standards Board issued a proposed accounting standards update Tuesday that would expand the disclosures under its credit losses standard to give more information to investors ...

Subprime Analytics president Ken Shilson appeared again on the Auto Remarketing Podcast to discuss what he thinks is one of the most important operational challenges buy-here, pay-here dealers are ...

Two more service providers are joining forces to help finance companies navigate the complicated protocols associated with upcoming changes implemented by the Financial Accounting Standards Board ...

Banks and other financial institutions have griped about being inundated with new rules and regulations over the past decade. But for the new Current Expected Credit Losses (CECL) accounting ...

NEW YORK--(BUSINESS WIRE)-- Moody’s Analytics today announced that Vista Bank has selected the ImpairmentStudio solution to help it address Allowance for Loan and Lease Losses (ALLL)/Incurred Loss ...

Over the last eight years (longer if one were to consider the events, initial inquiries, comments and processes that got us there), there has been a significant shift surrounding how to account for ...

NEW YORK--(BUSINESS WIRE)--BCI Miami, the U.S branch of Chile’s Banco de Credito e Inversiones, has chosen Wolters Kluwer Finance, Risk & Regulatory Reporting (FRR) to provide software for managing ...