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CECL for Private Companies: What You Need to Know

25 Apr 2023 FINANCE

CECL. It seems pretty top-of-mind these days, doesn't it? And that’s for good reason, given how private companies are now officially on the CECL model clock. But there's more to the new Current Expected Credit Loss (CECL) model than meets the eye. Or at least what many commercial businesses are accustomed to.

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