11132018 | Banking & Capital Markets | Technical updates on the FASB's CECL model has been added to your bookmarks.
Technical updates on the FASB's CECL model
Banking & Capital Markets
November 13 | 2 p.m. ET | 19:00 GMT
Host: Troy Vollertsen, partner, Deloitte & Touche LLP
1 Overview CPE credit | Accounting
Implementing the Financial Accounting Standards Board's (FASB's) new Current Expected Credit Loss (CECL) model is expected to have broad implications across a bank's various organizational functions. As the effective date draws near, what are the latest technical updates discussed by the AICPA's Depository Institutions Expert Panel (DIEP) and FASB's Credit Losses Transition Resource Group (TRG)? We'll discuss:
- A summary of the issues discussed at the FASB's November 1 Credit Losses TRG meeting.
- An overview of issues being addressed outside of the Credit Losses TRG.
Participants will learn about the latest CECL technical developments and possible adjustments to consider for their implementation plans.