Determining if a transfer is a sale or secured borrowing under ASC 860 is a source of trouble for banks! This post discusses the guidance.
Read More...
Loan participations and syndications are different types of lending transactions with unique accounting and reporting issues.
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.
This blog shares our insights and conversations about accounting, auditing, and training matters. It is hosted by GAAP Dynamics
