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Home Tax and Accounting

OCC releases annual update to Bank Accounting Advisory Series

August 15, 2024
Reading Time: 1 min read
ABA: OCC should revise proposed changes to bank merger application process

The Office of the Comptroller of the Currency today released its annual update to the Bank Accounting Advisory Series. The BAAS contains staff responses to frequently asked questions from the banking industry and bank examiners on a variety of accounting topics. It is designed to promote consistent application of accounting standards and regulatory reporting among national banks and federal savings associations.

This year’s edition of the BAAS revises certain content for general clarity and also removes superseded content. The updates do not alter the OCC Office of the Chief Accountant’s prior conclusions or interpretations.

Tags: OCC
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