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The Fed Offers New Tool to Meet Accounting Change
Abstract: The new tool, called SCALE, is intended to help small banks calculate loan loss allowances under the current expected credit loss (CECL) standard.
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https://www.stlouisfed.org/on-the-economy/2021/july/community-banks-new-tool-accounting-change
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Provider: Federal Reserve Bank of St. Louis
Source: On the Economy
Publication Date: 2021-07-29
Note: This post is part of a series titled “Supervising Our Nation’s Financial Institutions.”