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FASB ASU 2022-02: What you need to know
In response to feedback received during the FASB’s Post-Implementation Review process of ASU No. 2016-13, ASU No. 2022-02 addresses two separate issues: Troubled debt restructurings and vintage disclosures. Read more for our takeaways, the effective date of the ASU, how you can prepare, and what you can expect moving forward.
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EB Audit webinar coming June 15: Register now!
Join us for our Employee Benefits Audit webinar. Topics include the new auditing standard and how it affects your process documentation, updates for the year ahead, and changes and trends in plan administration.
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Method to the madness: CECL options
When it comes to choosing which CECL method will work for your institution, it’s important to choose wisely. But with so many options available, the decision can be daunting. Explore the various methods and gain understanding of what may be the best for you, as our CECL expert clarifies the best methods for different situations.
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CECL checklist ready to download
Documenting your CECL implementation, methodology, and model details is critical. An informative tool to help you correctly implement, our checklist can help you position for on-going model use after CECL adoption, sound validation practices to help assure on-going appropriateness, and more.
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