The Fed Offers New Tool to Meet Accounting Change

Carl White
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Carl White: https://www.stlouisfed.org/about-us/leadership-governance/bank-officers/executive-bios/carl-d-white-ii

On the Economy from Federal Reserve Bank of St. Louis

Abstract: The new tool, called SCALE, is intended to help small banks calculate loan loss allowances under the current expected credit loss (CECL) standard.

Keywords: current expected credit loss (CECL); scaled CECL allowance for losses estimator (SCALE) (search for similar items in EconPapers)
Date: 2021-07-29
Note: This post is part of a series titled “Supervising Our Nation’s Financial Institutions.”
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Persistent link: https://EconPapers.repec.org/RePEc:fip:l00001:94017

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