Issues in the banking industry have left many asking “why?” Why did this happen, why were investments transferred, and why is this allowed under ASC 320, Debt Securities? Read More ...
GAAP Chats: Investments Held by Banks-Debt Securities
Apr 18, 2023In Episode #12 of GAAP Chats, hosts Mike Walworth and Chris Brundrett discuss the types of investments held by banks and how these investments are accounted for under U.S. GAAP in accordance with ASC 320. Read More ...