Does existing guidance on current expected credit loss (CECL) apply to not-for-profit organizations (NFPs)? The answer depends on the types of financial assets an NFP holds. FASB Accounting Standards ...

The CECL model would require that at each reporting date, an entity would reflect a credit impairment allowance for its current estimate of the expected credit losses on financial assets held. The ...

Manulife Financial's (MFC) Q1 2025 profit, released Wednesday, came in better than expected even as provisions for credit losses and the California wildfires dampened core earnings growth.

SEB Q1 net profit 7.82 bln SEK vs forecast 7.91 bln Interest income and commissions just above forecast Net expected credit losses rise more than expected STOCKHOLM, April 29 (Reuters) - Swedish ...