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Troy Vollertsen
US Banking Audit Leader
Partner | Audit & Assurance
Troy is a Deloitte & Touche LLP partner and leads Deloitte’s US Banking Audit practice. He has more than 25 years of experience serving complex global clients in the financial services industry, with a primary focus on large financial institutions and finance-related companies. He works closely with audit committees and senior management on corporate governance, risk management, mergers and acquisitions, and various complex accounting and reporting matters, including methodology and models for the allowance for loan losses and the accounting standard for current expected credit losses (CECL).
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Perspectives
CECL standard implementation for the consumer industry
Learn how the effects of current expected credit loss considerations and new requirements are impacting companies in the consumer industry.
Perspectives
FASB proposes amendments to current expected credit losses (CECL) standard
At its July 25, 2018, meeting, the FASB voted to draft an Accounting Standards Update (ASU) to clarify certain aspects of ASU 2016-13,1 specifically (1) the transition and effective date for nonpublic business entities (non-PBEs) and (2) the applicability of ASC 3262 to operating lease receivables.