Research Center Events

Roundtable on Current Expected Credit Losses (CECL): Transparency or Opacity? Implementation and Effects on Lending and Pro-Cyclicality

Joshua Ronen speaks to roundtable attendees
Professor Joshua Ronen kicks off the October roundtable

NYU Stern's Vincent C. Ross Institute of Accounting Research and the Salomon Center for the Study of Financial Institutions hosted a roundtable discussion this fall, convening academics, banking and accounting industry professionals, policy-makers and regulators, to debate key issues related to the Current Expected Credit Losses (CECL) standard, its implementation and its effects on lending and pro-cyclicality. 

Roundtable presenters included:
  • Bobby Bean, associate director, FDIC
  • Michael Gullette, senior vice president, ABA
  • Robert Hetu, head of US Private Debt, Caisse de dépôt et placement du Québec
  • Jason Jacobs, head of the Office of Accounting Policy, AIG
  • Maria Mazilu, vice president and senior accounting analyst, Moody’s
  • Nathanial Royal, North American executive, Global Credit Data
  • Joshua Ronen, professor of accounting, NYU Stern School of Business
  • Harold Schroeder, FASB Board member, FASB
  • Cindy Vojtech, principal economist, Federal Reserve Board