As the deadline approaches to implement the new credit impairment model known as CECL, FASB is moving ahead on some—but not all—of the promised updates. At a February meeting, FASB approved a final Accounting Standards Update for most of the CECL-related items included in a November 2018 exposure draft. Read on for a list of approved updates, as well as three issues that will not be included in the final standard.

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