FASB Oct. 24 vote on CECL for non-PBEs

Name: FASB Oct. 24 vote on CECL for non-PBEs
Uploaded: 2018-10-25T15:44:45+00:00
Duration: 2 min 22 s
Channel: NASCUS
Description: The Financial Accounting Standards Board (FASB) voted to amend the effective date of its Current Expected Credit Losses (CECL) standard for non-public business entities (PBEs), changing it to fiscal years beginning after Dec. 15, 2021, and including interim periods within those years.

The Financial Accounting Standards Board (FASB) voted to amend the effective date of its Current Expected Credit Losses (CECL) standard for non-public business entities (PBEs), changing it to fiscal years beginning after Dec. 15, 2021, and including interim periods within those years.