Report
Benefits and Challenges of the “CECL” Approach
Walker, Michael J. (2019-03-08)
This note provides an overview of the Current Expected Credit Loss ("CECL") accounting approach for credit losses. It also discusses the potential benefits and challenges of the CECL approach to financial institutions and users of their financial statements.
Supervisory Research and Analysis Notes , Issue 01 , Pages 12

Report
Accounting for Debt Securities in the Age of Silicon Valley Bank
Walker, Michael J. (2023-10-05)
This note examines the mixed measurement accounting approach for debt securities under U.S. Generally Accepted Accounting Principles. It considers potential options for addressing the concerns with the accounting for held-to-maturity debt securities following the failure of Silicon Valley Bank.
Supervisory Research and Analysis Notes , Issue 2023-01 , Pages 11