CECL has been billed as the most profound accounting change to ever hit the financial services industry.  CECL impacts virtually every regulated and non-regulated Financial Institution (FI) in the..

Our CECL blog series has covered topics large and small. Today we take a step back and review one of the CECL “basics.”

Many stakeholders wonder why the CECL model requires an entity to recognize a credit loss for a financial asset that was just purchased at fair value.

Pay your taxes. Walk the dog. Submit that expense report. Each of us has that ever-growing catalogue of tasks to accomplish and slowly cross items off the list. Whether we are holding ourselves..

Throughout 2018, senior leadership – and even the boards – of major financial institutions in New York will be discussing cybersecurity. This is something most security professionals have been..

As CECL’s effective date draws nearer, many now recognize that CECL requires an estimate of the expected credit losses over the life of the instrument be recognized on Day 1 and subsequent..

As I sent my son back to school last month, I quickly realized the carefree days of summer were behind us. It means battles over stricter bedtime, doing homework and more screen-time limits. It..

The final month of a NYC summer never gets any easier. The subway stations turn into communal saunas, half the workplace has gone on vacation leaving you as their “out of office urgent matters..

I used to define negotiation as that arduous battle of wills between two parties that was best illustrated by my least favorite activity in the world…buying a car.  That was until I became a..