The recent accounting change to the Current Expected Credit Loss should lead to more volatile...
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Accounting
The recent accounting change to the Current Expected Credit Loss should lead to more volatile reporting of credit losses over time. THIS ONE IS NOT THE ANSWER should only affect the amount, not the timing, of reported credit losses. should smooth banks' reporting of credit losses over time. requires banks to estimate credit losses only once payments become late. 
The recent accounting change to the Current
Expected Credit Loss
should lead to more volatile reporting of credit
losses over time. THIS ONE IS NOT THE ANSWER
should only affect the amount, not the timing, of
reported credit losses.
should smooth banks' reporting of credit losses
over time.
requires banks to estimate credit losses only once
payments become late.
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