ABA voices support for updating hedge accounting standards
A proposed accounting standards update on derivatives and hedging would remove unnecessary constraints on the latter, thereby better aligning financial ...
Tag: FASB
FASB proposes targeted improvements to hedge accounting guidance
FASB issued a proposed accounting standard update exposure draft, or ED, on the short-term hedging targeted improvements added to the ...
Fed’s Bowman calls for CECL repeal
Saying that the Current Expected Credit Loss accounting standard "clearly did not improve safety and soundness", Federal Reserve Vice Chair ...
ABA urges community bank relief on CECL accounting standard
In a new letter to the Financial Accounting Standards Board related to implementation issues of the Current Expected Credit Loss ...
An end to CECL double-counting gives a tailwind to bank M&A
FASB’s long-anticipated fix to the current expected credit loss standard
FASB guidance ends ‘CECL double count’ on purchased loans
The Financial Accounting Standards Board published an accounting standards update that improves the accounting for purchased loans, according to a ...
ABA offers feedback to FASB request for input on its agenda development
The association’s feedback identifies opportunities to more closely align underlying economics with accounting outcomes; opportunities to balance costs relative to ...
ABA raises concerns about proposed standardization of financial performance indicators
ABA said it does not support a proposal by the Financial Accounting Standards Board to establish and track a standardized ...
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 ...
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 ...
