Frequently Asked Questions on the New Accounting Standard on Financial Instruments – Credit Losses — Federal financial institution regulatory agencies release FAQs as support for examiners and institutions as they prepare for CECL implementation. (9/17) Click here to download the PDF Source: Federal Deposit Insurance Corporation
FASB: ASU Update on Credit Losses (Topic 326) – An update on FASB’s new standards for evaluating credit losses. (6/16) Source: FASB Financial Accounting Standards Board