Frequently asked questions on the FASB’s new credit losses standard

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In depth , PwC US Apr 04, 2019

You have questions? We have answers. Read our first batch of FAQs on the FASB’s new credit losses standard.

PwC provides answers to frequently asked questions on the FASB’s new credit losses standard.

CECL’s the next big accounting standard to be adopted, and it will impact all companies - not just those in financial services. PwC provides answers to frequently asked questions on the FASB’s new credit losses standard. We address a range of topics, including the general accounting methodology, the reasonable and supportable forecast period, the application to collateral-dependent financial assets, and how to evaluate post-balance sheet information. Read here.

Also, listen to our podcast episodes below on implementing the CECL standard


Think the new credit losses (CECL) standard doesn’t impact non-financial companies? We explain why it impacts all companies and share lessons learned.

For a deeper discussion on how CECL will impact you, please contact:

Chip Currie

Partner, National Professional Services Group, PwC US

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Donald Doran

Partner, National Professional Services Group, PwC US

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Joscelyn Carlin

Director, National Professional Services Group, PwC US

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Analise Saltzman

Director, National Professional Services Group, PwC US

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David Schmid

International Accounting Leader, National Professional Services Group, PwC US

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