ABA recommends FASB staff memo to address certain nonbank CECL concerns
Citing possible adverse unintentional consequences to CECL practices at community banks, ABA said it opposed changes proposed by the Financial...
Tax and Accounting
Bill would expand treatment options under HSA-qualified high deductible health plans
House lawmakers introduced a proposed bill to expand chronic disease treatment options covered by high deductible health plans, such as...
SEC repeals controversial crypto accounting rules for banks
The SEC issued a staff accounting bulletin reversing a previous bulletin that changed how banks and other publicly traded entities...
ABA, associations urge lawmakers to preserve pass-through business deduction
ABA joined the S Corporation Association and more than 230 associations in support of legislation to make permanent the Section...
ABA Banking Journal’s annual compilation of challenges for a new year
Investigating what is ahead for banks across multiple topics.
ABA seeks fix to proposed corporate alternative minimum tax treatment of partnerships
ABA’s recommendation for fixing the issue is to use financial statement income — i.e. book income — for investments made...
Community banks, CECL and CRE
Are small banks falling short of credit reserves on CRE portfolios? The data say no.
Beyond the endgame: A simpler approach to capital
A ‘single stack’ approach to capital would be efficient, flexible for smaller banks, sensitive to risk — and aligned with...
SEC’s Uyeda suggests agency withdraw staff bulletin on crypto assets
The Securities and Exchange Commission should withdraw a staff accounting bulletin that changed how banks and other publicly traded entities...
ABA seeks clarification on proposed hedge accounting standards
A proposed accounting standards update on hedge accounting should be amended to align with the Financial Accounting Standards Board's risk...
