Current Expected Credit Losses
The new credit loss standard (CECL) requires companies to estimate expected credit losses on their financial instruments over the entire life of the asset. The standard impacts many areas of an organization beyond accounting and often presents more challenges than management teams anticipate. Riveron helps clients simplify the adoption process and create sustainable solutions. We provide more than just a set of recommendations — we become an extension of management to ensure your implementation is practical and tailored to your business’s ongoing needs.
Riveron’s practical approach ensures an efficient and successful implementation by assisting with:
- Impact assessment
- Project management
- Data abstraction
- Accounting policy and methodology development
- Financial statement disclosure preparation
- Business process design
- Internal controls development and testing
- Training and education
- Model development and validation
Ready for Year-End? Experts Recap Audit and Planning Considerations
Highlights from a virtual discussion on year-end readiness, including trends impacting audit and 2023 planning cycles.
Key Takeaways from the 2020 AICPA Annual Conference
Missed this year’s AICPA Conference on Current SEC and PCAOB Developments? Our experts give a breakdown of the key themes that emerged.
Adopting CECL: What Private Companies Should Know
Riveron looks at several pitfalls faced by public company adopters during their implementation of the new credit loss standard, CECL.
CECL’s Impact on the Healthcare Industry
Riveron experts explain how CECL will affect the healthcare industry and what companies should keep in mind as they transition to the new standard.