The Financial Accounting Standards Board's (FASB) creation of the Current Expected Credit Loss (CECL) promises big changes for the industry and requires a readiness plan to stay compliant and competitive. Unfortunately, many financial institutions are still grappling with the best way to respond. But time is running out.
Please join us to learn how to create your CECL readiness plan. During our hour-long program we will discuss:
- Timelines and milestones
- How companies must retain and store data
- Other risks and accounting issues
- Long-term impacts to lending decisions