Could FASB’s Proposal Put A Few Nails In Bankers’ Coffins?
Long Lasting Ideas
MARCH 3, 2016
FASB’s complex proposal (Current Expected Credit Loss, or CECL) would force community banks to record a provision for credit losses the moment they make a loan. Let’s look back a few years at around 2007 and 2008, around the time of the Great Recession. at Bank Marketing Strategy + Ideas.
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