CNM Thought Leadership—FASB Roundtable on CECL

On January 28th, the FASB held a roundtable meeting to gather additional views on the new Current Expected Credit Loss (CECL) accounting standard (ASC 326). There was no intention by the FASB to reach any conclusions at the meeting, although the information obtained would be considered in the future to determine whether to make amendments to CECL for the matters discussed.