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In this replay of our recent webinar, our team explores the accounting, regulatory, and industry developments affecting financial institutions today. The discussion highlights current bank accounting matters, emerging AI applications across finance and accounting functions, and key M&A cost considerations, including related financial reporting and disclosure implications.
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The FASB introduced significant changes to the CECL standard, addressing purchased financial asset accounting and acquisition reporting. The new guidance applies to fiscal years beginning after December 15, 2026, with early adoption permitted.