FASB issues guidance on purchased loans
The Financial Accounting Standards Board published an accounting standards update that improves the accounting for purchased loans, according to a statement from the standard-setting body.
Monica C. Meinert is a senior editor at the ABA Banking Journal and VP for executive communications at the American Bankers Association.
The Financial Accounting Standards Board published an accounting standards update that improves the accounting for purchased loans, according to a statement from the standard-setting body.
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