# In a podcast interview, Professor Joshua Ronen offers his views about the implementation of CECL

1 Faculty News July 11, 2019 ![](/sites/default/files/styles/246w/public/assets/images/con_036825.gif?itok=Nq4akC9D)>

Excerpt from [American Banker](https://www.americanbanker.com/podcast/cecls-uncharted-territory?feed=00000161-8bbc-dd53-a5f9-dfbca3680000) -- (6:20) "My objection to CECL is that it is technically flawed to such a degree that it would potentially cause institutions to record very large accounting losses, which decrease the regulatory capital, when, in fact, there are zero economic losses."

[Listen here](https://www.americanbanker.com/podcast/cecls-uncharted-territory?feed=00000161-8bbc-dd53-a5f9-dfbca3680000)