Date of Award
Mr. Joel Faidley
Thesis Professor Department
Dr. Lana Becker, Dr. William Heise
The Financial Accounting Standards Board (FASB) has recently introduced a new Accounting Standards Update (ASU) that will require financial institutions to measure their loan losses using a new Expected Loss Model (ELM) that emphasizes forward looking financial decisions. Numerous financial journals hypothesize that large financial institutions will face difficulties when implementing the new ASU. This research explores the potential implementation issues that small, local financial institutions, specifically Eastman Credit Union (ECU), will encounter as they begin the implementation process.
East Tennessee State University
Honors Thesis - Open Access
Creative Commons License
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 License.
Mann, Baylee, "A Study of the Potential Implementation Obstacles of the Expected Loss Model in East Tennessee" (2018). Undergraduate Honors Theses. Paper 442. https://dc.etsu.edu/honors/442
Copyright by the authors.