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Are Non-Financial Institutions Ready for CECL?

from Accounting Today

While CECL was being finalized and implementation issues investigated, non-financial institutions were dealing with their own significant accounting changes, including revisions to revenue recognition, hedge accounting, and lease accounting. Now, as CECL nears its implementation deadline, these companies are trying to catch up, understand the impact, and determine how all of these changes will fit together and affect their bottom line. more


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