Lawmakers Issue Bipartisan Call for CECL Implementation Delay
A bipartisan group of lawmakers wrote to the Securities and Exchange Commission today expressing concern about the adverse effect of ...
Tag: FASB
Industry Stakeholders Raise Broad Concerns about CECL at FASB Forum
The Financial Accounting Standards Board’s current expected credit loss standard presents significant operational challenges and stakeholders are concerned about real ...
Luetkemeyer Introduces Bill to Block CECL Implementation
Citing concerns over the wide-reaching effects the Current Expected Credit Loss standard could have on the U.S. economy, Rep. Blaine ...
ABA Supports Proposed CECL Effective Date Change, Calls for Cost-Benefit Analysis
In a comment letter to the Financial Accounting Standards Board today, the American Bankers Association offered support for a proposal ...
ABA Supports FASB Proposal Allowing Banks to Capitalize New Cloud System Costs
In a comment letter to the Financial Accounting Standards Board today, ABA offered support for a proposal that would allow ...
ABA Calls for Flexibility from FASB as Libor Transition Commences
With the New York Federal Reserve beginning to publish the Secured Overnight Financing Rate -- or SOFR -- next week, ...
State Associations Support FASB Proposal on Reporting Implications of Tax Reform
All 52 state bankers associations wrote to the Financial Accounting Standards Board on Friday in support of a proposal to ...
ABA Supports FASB Proposal to Address Reporting Implications of Tax Reform
In a comment letter to the Financial Accounting Standards Board today, ABA offered its full support for a proposal to ...
FASB Issues Tax Reform Proposal, Agencies Allow Change for Year-End Call Reports
The Financial Accounting Standards Board has issued a highly anticipated draft proposal for adjusting regulatory capital balances that were unexpectedly ...
FASB: Private Companies, Nonprofits Can Apply Recent SEC Staff Bulletin
The Financial Accounting Standards Board has issued a staff Q&A signaling that it would not object to private companies and ...
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