KR I Navigating the CECL framework: 10 key takeaways for financial institutions

For many banks, the transition from the “incurred loss” model to the more forward-looking Current Expected Credit Losses (CECL) framework continues to present significant challenges. A pattern of common issues has emerged as institutions navigate the ongoing application of CECL methodologies. These issues include outdated policies and records, skewed data and inaccurate forecasts. Read more. Compliments Kaufman Rossin