FASB’s new model for impairment of financial instruments has cleared hurdles as the board pursues a different path than that of its international counterpart on expected credit loss. The revised ...
Two more service providers are joining forces to help finance companies navigate the complicated protocols associated with upcoming changes implemented by the Financial Accounting Standards Board ...
PHOENIX, Feb. 12, 2025 /PRNewswire/ -- Current Expected Credit Loss (CECL) was intended to better reflect expected losses by lenders. Unfortunately, in most cases its application hasn't met the full ...
Over the last eight years (longer if one were to consider the events, initial inquiries, comments and processes that got us there), there has been a significant shift surrounding how to account for ...
Subprime Analytics president Ken Shilson appeared again on the Auto Remarketing Podcast to discuss what he thinks is one of the most important operational challenges buy-here, pay-here dealers are ...
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