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
Tag: FASB
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 ...
FASB will not eliminate HTM classification
The Financial Accounting Standards Board in December rejected several agenda requests, including voting unanimously to reject a request to eliminate ...
FASB updates business income tax disclosure standards
The Financial Accounting Standards Board issued an accounting standards update to address what it said have been investor requests to ...
ABA: Proposed accounting standards place undue burden on banks
A proposal by the Financial Accounting Standards Board to require more detailed information about expenses in public companies’ financial statements ...
ABA recommends changes to proposed financial asset accounting standards
ABA recommended several revisions to a proposed Financial Accounting Standards Board update concerning accounting for acquired financial assets.
