Radical Changes Coming to Credit Loss Accounting

How a creditor accounts for credit risk is about to change dramatically. This Special Report alerts you to how FASB's new expected credit-loss model will affect every creditor, changing the measurement and recognition of unrealized credit losses on receivables, loans, and debt securities. Along with a review of key aspects of the guidance and the adoption scheme, this Special Report explores revised disclosures and offers ideas to help creditors prepare for adoption.