RapidRatings Blog

Current Expected Credit Loss: The Pot is Still Stirring

The banking industry and its allies in Congress have been outspoken in their fierce opposition to CECL since the broad outlines became clear, well ahead of FASB’s formal promulgation – its Accounting Standards Update (Topic 326) – in June 2016. However, the last few months of 2018 saw a marked intensification of that hostility. Blaine Luetkemeyer, R-MO, garnered frequent attention as Chairman of House Financial Services Committee’s Subcommittee on Financial Institutions and Consumer Credit. The

Supplier Relationship Management: Leveraging Financial Health Assessments

Reliable operations require a robust supply chain. Here’s how one company is using financial health assessments to create competitive advantage, provide extremely high levels of customer service, and maintain profitability. Moving more than 120 million airline passengers is no easy feat. Focused on preserving its brand image while offering high levels of customer service to its valued client base, Southwest Airlines relies on its supply chain partners to keep its business running smoothly—and around the
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