Wallet

That Ol’ Share-of-Wallet Issue

NeuGroup’s Assistant Treasurers’ Leadership Group tackles managing banks and the corporate wallet.

stock market ticker62

Libor to SOFR Switch Will Be Challenging

Response to CME’s SOFR futures contracts may provide early signal.

NGI Skyline

Get the Latest Insights

Sign up to have an eye in the room where it happens. Connect to NeuGroup Insights 
here.

Accounting & Disclosure

With CECL, FASB Wants Bad Things Recognized Before They Happen

Share |
August 14, 2019

God forbid you should wait for credit losses to actually happen! 

Banks have long bemoaned FASB’s Financial Instruments-Credit Losses standard (Topic 326) for an obvious reason: The standard’s “current expected credit loss” (CECL) guidance impairs assets and requires banks to set aside more capital as a buffer.

iTreasurer subscribers please log in below
 
 
 
Forgot your password?
Click here to request a new one.
 
Want to change your password?
Click here to change it.