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US Eases New Banking Rule On Reporting Bad Loans

PYMNTS

1 accounting standard known as “current expected credit loss” (CECL) in an effort to bolster loans in the wake of the coronavirus, the Wall Street Journal reported on Friday (March 27). Bank regulators have rolled back the Jan. National bank regulators — The Federal Reserve, Federal Deposit Insurance Corp.

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IBM Cognos Controller: Financial close management managed by the office of finance

Future CFO

DOWNLOAD NOW. The post IBM Cognos Controller: Financial close management managed by the office of finance appeared first on FutureCFO.

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Platform Models Gain Investment Backing in B2B

PYMNTS

Platform models serving various business verticals have been gaining currency — literally, To that end, Boulevard , which focuses on providing a platform as a service to spas and salons, said it had raised $1 million in a Series A funding round. Here in the U.S.,

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The Future of Syndicated Lending Demands Specialized Technology

CS Lucas

There are rollover dates, renewal terms, mandatory pre-payments, covenant compliance, reporting deadlines, administration fees, and much more to orchestrate. This covers volumes, rates, currencies, compliance terms, documentation, counterparties, jurisdictions , timelines, and associated analytics.

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Quickbooks Integrations for Better Connectivity and Reporting

The Finance Weekly

Handles complex consolidation scenarios, multiple sources, currencies, and entities. With pre-built compliance safeguarding and meeting accounting standards including audit trials and access controls. Pricing They haven't posted their price on the website, but just reach out to their Sales Team for a quote.

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How to Simplify Consolidated Financial Statements

Planful

Eliminate manual tasks, overcome information silos, and ensure compliance while creating these statements, even as the company scales. Keep Up With Compliance as Your Company Scales. Struggling with compliance isn’t limited to business financial statements. Transform the Finance Consolidation Process. The solution?

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Transcript: Cliff Asness

Barry Ritholtz

ASNESS: Well, I was striving for uncorrelated, but then the compliance officer in my head is saying sometimes it doesn’t come out to zero all the time. And it’s really not a compliance reason, I hope it’s more of an intellectual honesty reason. ASNESS: Commodities, currencies, equities, bond futures.