United States
Our updated white paper discusses ASC 820 fair value measurement disclosures that were and were not affected by ASU 2018-13.
The ABA recently addressed the ASC 860 legal isolation criterion for transfers of participating interests in MSLP loans.
The IASB’s recent amendments address the transition to alternative interest rate benchmarks as a result of benchmark reform.
An educational webcast to financial institutions of all sizes on LIBOR and proactively managing the transition at your institution.
What makes the shift from Libor challenging is how deep and interwoven it is in every corner of the financial services industry.
Temporary optional expedients and exceptions to account for the effects of LIBOR transition (e.g., contract modifications, hedge accounting)
The accounting for property damage and other losses that an entity has insured itself against any related insurance recoveries.
The FASB recently provided temporary optional guidance intended to ease the burden reference rate reform on financial reporting.
Learn more about the current expected credit loss standard, the London Interbank Offered Rate transition and tax reform.
Concerns have been raised that replacing Libor with an alternative reference rate may trigger a number of challenges.
Guidance would facilitate transitions of existing debt and derivatives to alternative benchmark rates without creating taxable exchanges.
Information about the LIBOR phase out, identification of replacement rates and resultant operational and accounting considerations.
A recent GASB proposal addresses financial reporting implications resulting from the replacement of an Interbank Offered Rate.
The FASB has added a project to its agenda to address accounting changes necessitated by reference rate reform.
An overview of changes with respect to the fair value measurement disclosures in Topic 820 of the FASB’s Accounting Standards Codification.
An overview of the clarifications to identifying reciprocal and nonreciprocal transactions and conditional and unconditional contributions.
OCC provides clarification regarding how examiners evaluate and communicate bank performance under CRA to promote consistency and efficiency
Article on ESOP distributions, focusing on the detailed mechanics of the how, when and what value is used at the time of the sale.
The financial reporting resource center - leases, provides insightful knowledge on matters related to leasing.
Gain insightful knowledge and understanding of recent standards, developments and practice issues related to financial instruments.