The implementation of CECL has coincided with one of the most challenging credit environments business has faced in a generation. The ELFA Wednesday Webinar “CECL: A New Accounting Standard and a Challenging Credit Environment†on July 22 at 1 p.m. ET will cover:
- A summary of the CECL model
- Some of the lessons learned from the adoption process
- Observations based on what public companies have reported when CECL was adopted
- The impact of COVID-19 on loss reserve development
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