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.
Read More...
Looking for U.S. GAAP training for banks? Don’t settle for generic U.S. GAAP training. Online bank CPE courses and bank training program now available!
Companies may form strategic alliances to achieve a common goal and these arrangements can fall within the scope of ASC 808, Collaborative Arrangements.
ASC 815 permits three hedge types that qualify for special hedge accounting treatment. In this post we will look at fair value and cash flow hedges.
Accounting for investment companies is set out in ASC 946. This post explores the unique accounting issues for these entities.
Do banks invest in cookies? Nope! This post covers the accounting for other real estate owned, or OREO, under U.S. GAAP.
This post provides an overview of ASC 842, including what you can learn through our 4-part ASC 842 eLearning course collection.
This post summarizes the accounting requirements for exit and disposal costs (ASC 420), and certain postemployment benefits (ASC 712).
This post explores the requirements for assessing impairment of nonfinancial assets (ASC 350/ASC 360) when a triggering event is identified.
Does the thought of derivative and hedge accounting feel daunting? Our ASC 815 training program breaks down all the requirements for you!
This blog shares our insights and conversations about accounting, auditing, and training matters. It is hosted by GAAP Dynamics
