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Fed Launches Second Tool to Help Community Banks Meet Accounting Standard
Abstract: The Expected Losses Estimator (ELE) is a spreadsheet-based tool to help community banks calculate allowances for credit losses under the CECL standard.
Keywords: community banks; accounting standards;
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https://www.stlouisfed.org/on-the-economy/2022/jul/fed-launches-second-tool-help-banks-meet-accounting-standard
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Provider: Federal Reserve Bank of St. Louis
Source: On the Economy
Publication Date: 2022-07-28
Note: This post is part of a series titled “Supervising Our Nation’s Financial Institutions.”