Current Expected Credit Losses
id:
current-expected-credit-losses-245-13284816
title:
Current Expected Credit Losses
text:
Current Expected Credit Losses (CECL) is a credit loss accounting standard (model) that was issued by the Financial Accounting Standards Board (FASB) on June 16, 2016. CECL replaced the previous Allowance for Loan and Lease Losses (ALLL) accounting standard. The CECL standard focuses on estimation of expected losses over the life of the loans, while the prior standard relied on incurred losses.
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Current_Expected_Credit_Losses
date created:
date modified:
2024-03-22T00:28:59Z
main entity:
{"identifier":"Q55608701","url":"https://www.wikidata.org/entity/Q55608701"}
image:
fields total:
13
integrity:
13