Since the first quarter of 2020, KPMG has surveyed commercial and consumer lending institutions to understand how they are responding to changes in CECL in light of the unprecedented COVID-19-related recession. This quarter, we surveyed 44 entities on their views related to the expected impact of CECL on reported earnings – including commercial and retail loan portfolios, methodology components, and policy for identifying purchased credit deteriorated loans.
Insight
How companies are responding to economic impacts in their CECL estimates
Related content
