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Content Update: CECL
Posted: Nov 3, 2022 | Author:
InfoSight
CECL
compliance
Last week we reported that InfoSight added a new Person-to-Person (P2P) Transactions topic. This week InfoSight added another new topic: Current Expected Credit Loss (CECL). The new accounting standard becomes effective after Dec. 15, 2022, and will impact the March 31, 2023, call report. This topic provides a general overview of CECL and aggregates the many resources available to assist credit unions.
In addition, there are three new RISK Alerts from CUNA Mutual Group now available. Check out the new content today.
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