Is there an accounting issue with ‘double counting’ for guarantees under ASC 460 and ASC 326? This post discusses guarantee accounting.
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The post walks you through the accounting for repurchase agreements under U.S. GAAP (ASC 860) using a worked example.
Need cash? Have excess? Repurchase agreements may be the solution in both scenarios. This post discusses repos with an explanatory video.
ASC 326 is not prescriptive with a methodology to estimate current expected credit losses. Let’s take a look at some of the common methodologies.
How do you estimate current expected credit losses under ASC 326? This post discusses reversion to historical data under CECL.
Can cost be used as an appropriate estimate of fair value for equity investments under IFRS 9? Let’s see what the guidance permits.
The new CECL model requires an entity to record lifetime expected credit losses for financial instruments, but can that expectation ever be zero?
The impairment model for AFS debt securities has changed upon the adoption of ASC 326. This post explores the new requirements.
Applying the CECL model to credit cards can be complex! This post will provide you with questions to consider when estimating expected credit losses.
A follow-up post discussing the accounting for investments in equity securities under ASC 321, specifically the measurement alternative.
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