CECL Compliance – Time it right
Newgen Software
FEBRUARY 7, 2024
“Wise men say, and not without reason, that whoever wished to foresee the future might consult the past” -Machiavelli Well, that pretty much sums the stance taken by the Financial and Accounting Standards Board (FASB) on the much awaited (read controversial) regulatory guidelines for calculating credit loss allowance by financial institutions.
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