Insight

Pulse check Q3 2020

How companies are responding to changes in CECL due to COVID-19

Reza van Roosmalen

Reza van Roosmalen

Accounting Change Services Lead, KPMG US

+1 212-954-6996

Emily De Revere

Emily De Revere

Director, Accounting Advisory, KPMG US

+1 617-988-5708

For three quarters, KPMG has surveyed commercial and consumer lending institutions to understand how they are responding to changes in CECL due to COVID-19. This quarter, we expanded our reach and surveyed 37 entities. In addition to assessing the impact of recession on CECL, the survey looks at the impact of changing regulations and government programs.

Pulse Check
How companies are responding to CECL changes in Q3