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Blog2018-10-23T17:16:15+00:00

The Issue of Disclosures and the Proposed ASU – Codification Improvements – Financial Instruments

This is the third installment in a series of blog posts about the proposed ASU for codification improvements to ASU 2106-13, better known as the CECL standard. Click here to see the initial [...]

By |February 15th, 2019|Categories: Blog, CECL, CECL Accounting|

January 2019 Jobs Report: Is There Strength in Numbers?

The number of jobs created in January as revealed in the February 1 Bureau of Labor Statistics’ Employment Situation report could only be characterized as strong. The national economy added 304,000 [...]

By |February 1st, 2019|Categories: Blog, Economic Forecasting, Economic Indicators|

The Issue of Recoveries and the Proposed ASU – Codification Improvements – Financial Instruments

This is a second in a series of blog posts about the proposed ASU for codification improvements to ASU 2106-13, better known as the CECL standard. Click here to see the [...]

By |January 28th, 2019|Categories: Blog, CECL, CECL Accounting, CECL Education|

Proposed ASU – Codification Improvements—Financial Instruments – What’s New on the CECL Front?

When FASB released the CECL ASU in June 2016, the defining theme through the ASU was the flexibility given to preparers with regard to the new expected losses standard. Since this [...]

By |January 18th, 2019|Categories: Blog, CECL, CECL Accounting|

Mixed Economic Signals Suggest Cautionary Reasonable and Supportable Forecasts

Volatile is not a big enough word to describe what’s going on in the global financial markets. Markets both reflect and anticipate their economies. Tariff wars, interest rates, global political instability [...]

By |December 28th, 2018|Categories: Blog, Economic Indicators|

BPI Proposal Seeks to Soften CECL’s Impact on Earnings

With mandatory conversion to CECL from the present incurred-loss allowance model set to begin Jan. 1, 2020, financial institutions and their representative associations are alternately calling for delays in required implementation [...]

By |December 21st, 2018|Categories: Blog, CECL|