Recommendations for BHPH operators about CECL standards

Subprime Analytics president Ken Shilson appeared again on the Auto Remarketing Podcast to discuss what he thinks is one of the most important operational challenges buy-here, pay-here dealers are going to face before the end of the year. It’s implementation of the Current Expected Credit Loss (CECL) accounting standards. Shilson offered recommendations for how both BHPH dealers and their accountants can get organized in order to comply with CECL, which goes into effect on Jan. 1.