The FASB issued the final CECL standard on June 16, 2016. While institutions have time before the standard is effective, is important that institutions not wait to prepare. This CECL implementation prep guide covers basic tips for forming an implementation committee, crafting a project plan and introduces example illustrated timelines for implementation.
Download the guide to learn
- How to form a CECL implementation committee
- Key considerations for your implementation project plan
- What example CECL implementation timelines may look like