The Fed Offers New Tool to Meet Accounting Change
Carl White
Additional contact information
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.”
References: Add references at CitEc
Citations:
Downloads: (external link)
https://www.stlouisfed.org/on-the-economy/2021/jul ... ol-accounting-change Full text (text/html)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:fip:l00001:94017
Access Statistics for this paper
More papers in On the Economy from Federal Reserve Bank of St. Louis Contact information at EDIRC.
Bibliographic data for series maintained by Scott St. Louis ().