WASHINGTON—The Financial Accounting Standards Board (FASB) will hold a public roundtable discussion on implementation issues related to the current expected credit loss (CECL) standard Jan. 28.
Topics to be covered include a proposal outlining an alternative to the income statement impact of the CECL standard put forward by a group of banks along with the FASB's consideration of charge-offs and recoveries and other transition issues. Roundtable participants will include representatives from credit unions, banks, regulators and other stakeholders, NAFCU noted.
This meeting will be livestreamed on FASB's website.
NAFCU Senior Counsel for Research and Policy Andrew Morris will attend the meeting, the trade association said.