ACCESS THE CECL PREP KIT

Key CECL resources on the final standard.

FASB’s CECL Prep Kit

Preparing for the FASB’s CECL Model

In June 2016, the FASB issued the final Accounting Standards Update commonly known as the current expected credit loss (CECL) model.

It is important for financial institutions to understand what is required by the guidance and to plan what their organization should be doing now to prepare for the transition.

Sageworks compiled a toolkit that aggregates industry resources to help you better prepare for the CECL accounting change.

Resources in this prep kit

• Key links – Access key industry information on the new standard
• On-demand webinars – The CECL Methodology Series
• CECL Prep guides – Essential summaries on data and implementation planning