Current Expected Credit Loss model-based alternative scenarios
Are you prepared to implement a CECL solution that includes reasonable and supportable alternative scenarios? Do you need to estimate future impairment based on scenarios? Do you need to comply with the accounting requirements under the new accounting standards, CECL? S&P Global solution for Current Expected Credit Loss addresses the credit loss estimation and forecasting challenges under the new FASB accounting standard. Our proven model-based alternative scenario services enable firms to prepare for future economic outcomes, estimate future impairment based on scenarios, gain clarity of future risks within expected credit loss models, and comply with the accounting requirements under the new standard. Our CECL solution provides clear and transparent alternative scenario narratives and forecast data needed for credit loss analysis and helps you: