Three Reasons Why CECL is a Business Solution and not Just an Accounting Number Most bankers have considered CECL as simply a change in accounting, yet, CECL must be viewed as a business solution. The FASB Staff Recommends that bankers "...approach CECL implementation as a business solution" and "... to implement CECL in a more thoughtful manner." (Board member R. Harold Schroeder 7/2019)
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