In June 2016, the Financial Accounting Standards Board issued Accounting Standards Update (ASU) No. 2016-13, Financial Instruments—Credit Losses (Topic 326). The ASU is the new impairment standard, ...

Many industry leaders, influencers and stakeholders continue to question and raise doubts around the new accounting standard for Current Expected Credit Losses before it takes effect in 2020.

There’s a lot being written right now about the Current Expected Credit Loss accounting standard, or CECL — but scant attention is going to a critical challenge facing many community banks in ...

Banks and other financial institutions are getting ready to begin complying this year with the Financial Accounting Standards Board’s new credit losses standard, which means they will need to start ...

While mandated implementation might be delayed, Experian and Oliver Wyman are still looking to help auto finance companies meet the initial set of deadlines for the Financial Accounting Standards ...

Two more service providers are joining forces to help finance companies navigate the complicated protocols associated with upcoming changes implemented by the Financial Accounting Standards Board ...

NEW YORK--(BUSINESS WIRE)--Moody’s Analytics, a leading provider of financial intelligence and analytical tools, announced today that Raymond James Financial has selected the Moody’s Analytics Current ...

NEW YORK and DENVER, May 8, 2018 /PRNewswire/ -- Situs, the premier provider of strategic business and technology solutions to the real estate and financial services industries, today announced that ...

In an effort to reinforce the financial system, The FASB (Financial Accounting Standard Board) releases new regulations and policies from time to time. To ensure that financial institutions have ...

BROOKFIELD, Wis.--(BUSINESS WIRE)--Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today that financial institutions now have a streamlined ...