In June 2016, the Financial Accounting Standards Board (FASB) issued a new accounting standard to replace the “incurred loss” impairment methodology with the Current Expected Credit Loss (CECL) model, marking a significant... Read More
Five years ago, it was not uncommon to hear about investment managers not having a customized valuation policy to go along with their investment policy statements.Thankfully, this is not the case so often anymore: Nowadays, most asset... Read More