The CECL Approach, 2 of 3

Tom Van Lenten, CPA, CFO Consulting Partners LLC This is the second in the CFO Consulting Partners series of articles analyzing the new FASB Standard on accounting for credit losses (ASU 2016-13). Click here for the first article in the series. It has been more than a year since the FASB issued ASU 2016-13 Click here for… Continue reading The CECL Approach, 2 of 3

The CECL Approach, 1 of 3

Tom Van Lenten, CPA, CFO Consulting Partners LLC In mid-2016 the FASB issued its long-awaited standard on accounting for credit losses (ASU 2016-13). The new standard adds to US GAAP an impairment model known as the current expected credit loss model or CECL. In a shift from current practice the CECL model is based on… Continue reading The CECL Approach, 1 of 3

Cyber Security: A fundamental component of Enterprise Risk Management (ERM)

CFO Consulting Partners LLC Cyber Security White Paper March 2015 1 Cyber Security: A fundamental component of Enterprise Risk Management (ERM) Cyberattacks have hit virtually every industry and the two industries most impacted by incursions, breaches and theft of data are financial services and health care. Financial services and the medical world are inexorably connected… Continue reading Cyber Security: A fundamental component of Enterprise Risk Management (ERM)

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