What happens on loans that have already received a charge off but there could be a recovery that is part of the reasonable and supportable forecast?
Mergers & Acquisitions and CECL accounting SME Craig Engle clarifies a common question regarding Negative Allowances when performing a CECL methodology. As part of our CECL technical series, the following whitepaper details How, When, and Why a negative allowance is permitted or required under the new CECL standard.
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