CECL (Current Expected Credit Loss)

<p>The changes to the accounting for credit losses are some of the most significant we’ve seen in decades. In this episode, Accounting Matters discusses what the Current Expected Credit Loss (CECL) model involves and the high-level areas you need to stay aware of if you haven’t adopted the standard yet (we’re talking to you, private companies), including:</p><ul> <li>Who is impacted by CECL</li> <li>What the CECL model might mean for your company</li> </ul><p>And be sure to stick around for a conversation with our special guests, Embark consultants Robby Sundberg and Caroline Willet, on what movie CECL would be and why. You won’t find that in the FASB standards.</p><p><br></p><p>For more information on CECL:</p><ul> <li><a href="https://blog.embarkwithus.com/preparing-current-expected-credit-loss-cecl">Preparing for the Current Expected Credit Loss (CECL) Model</a></li> <li><a href="https://www.fasb.org/jsp/FASB/Document_C/DocumentPage?cid=1176168232528&amp;acceptedDisclaimer=true">ASU 2016-13: Financial Instruments―Credit Losses</a></li> </ul><p>Connect with <a href="https://www.embarkwithus.com/">Embark</a> on:</p><ul> <li><a href="https://www.linkedin.com/company/embarkwithus">LinkedIn</a></li> <li><a href="https://www.instagram.com/embarkwithus/">Instagram</a></li> <li><a href="https://twitter.com/embarkwithus">Twitter</a></li> <li><a href="https://www.facebook.com/embarkwithustoday/">Facebook</a></li> <li><a href="https://www.youtube.com/channel/UCoTAyu49B82Fv8NrjINDtRw">YouTube</a></li> </ul>