This content was published prior to the merger of equals between BKD and DHG on June 1, 2022. See all FORsights for the most up-to-date articles, webinars, and videos.
Key Takeaways from CECL Roundtable

On May 20, 2021, FASB hosted a public roundtable session with preparers, investors/analysts, regulators, and auditors to discuss the credit impairment standard, which has come to be known as CECL. Topics included post-implementation review and COVID-19 impacts, purchased financial assets with credit deterioration, and troubled debt restructurings. This article provides details on the discussions, which will guide potential future FASB standard setting on this accounting guidance.