CECL to be released first half of 2015
Abrigo
NOVEMBER 21, 2014
Several statements, including statements from the chairman of the FASB, alluded to a release date of Q3 or Q4 in 2014; however, in a September Board Meeting, the FASB decided to defer release of the new guidance to the first half of 2015. How should community banks prepare for the transition? • Capital plan for the adjustment.
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