Herbein Q+A: Current Expected Credit Loss
Our latest Herbein Q+A on is on ASU 2016-13 Current Expected Credit Loss. Herbein's Kaitlyn Schappell reviews commonly asked questions we receive on CECL. In this video, we will address the following questions:
- What is ASU 2016-13: Current Expected Credit Loss?
- Who will be affected by CECL?
- Why did FASB issue this new accounting standard?
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