Getting started with CECL

Blog

E-BOOK | August 10, 2022

Authored by RSM US LLP


Insights to help organizations understand, implement and comply with CECL

The Current Expected Credit Losses (CECL) standard may affect how businesses calculate and report their credit-loss risk. After January 2023, CECL compliance is a requirement for every business that holds financial assets recorded at amortized cost with certain exception.

We have answers to your most important questions around CECL implementation and compliance—and pointers to next-step CECL resources.

  • What is the CECL accounting standard?
  • What is the scope and impact of CECL?
  • Is there a required CECL methodology?
  • How can you ease the burden of CECL adoption?

Download our e-book today and learn what you need to do before the January 2023 CECL implementation deadline.

This article was written by RSM US LLP and originally appeared on 2022-08-10.
2022 RSM US LLP. All rights reserved.
https://rsmus.com/insights/services/financial-management/getting-started-with-cecl.html

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