Insight

Pulse check Q4 2022

How companies are responding to economic impacts in their CECL estimates

Reza van Roosmalen

Reza van Roosmalen

Accounting Change Services Lead, KPMG US

+1 212-954-6996

Patrick Davies-Griffith

Patrick Davies-Griffith

Senior Manager Audit, KPMG US

+1 203-229-3323

We surveyed companies during the fourth quarter of 2022 to understand how current economic conditions are likely to impact their Current Expected Credit Losses (CECL) process. We asked about the continuing impacts of high inflation, rising interest rates, and a potential recession on loan portfolios—and how these forces are likely to affect CECL allowances.




Contact us

Reza van Roosmalen

Reza van Roosmalen

Accounting Change Services Lead, KPMG US

+1 212-954-6996
Patrick Davies-Griffith

Patrick Davies-Griffith

Senior Manager Audit, KPMG US

+1 203-229-3323
Emily De Revere

Emily De Revere

Director, Accounting Advisory, KPMG US

+1 617-988-5708
Natasha Boswell

Natasha Boswell

Partner, Audit - NYFS, KPMG US

+1 212 909 5075
Mario Mastrantoni

Mario Mastrantoni

Partner, Accounting Advisory Services , KPMG LLP

980-297-6079
Alysha Horsley

Alysha Horsley

Partner, Audit, KPMG in the U.S.

+1 704 370 4368