New Opportunities for CECL Improvements: Blog

Jan 23, 2019

ICBA’s longtime campaign to improve the Current Expected Credit Loss accounting standard has lately received new life, ICBA’s Chris Cole and James Kendrick write in a new blog post.

On Main Street Matters, the accounting experts write that policymakers’ renewed interest in the standard offers opportunities to expand on gains achieved over several years of outreach.

“While ICBA works to build on our improvements to the CECL standard achieved over years of effort, community banks can take comfort in knowing that our work so far has led to meaningful gains,” they wrote.

Read the Blog Post