Financial Reporting Resource Center: Financial instruments

Credit impairment

Financial Reporting Insights articles

• FASB provides targeted transition relief for CECL
• Narrow-scope amendments to financial instruments standards
• CECL webinar: Weighted-Average Remaining Maturity (WARM) method
• FASB proposes targeted transition relief for CECL
• Recent developments associated with the credit losses standard
• Proposed narrow-scope amendments to financial instruments standards
• Recent CECL developments
• Proposed amendments to credit losses standard
• Two working drafts: Allowance for credit losses implementation issues
• Continued focus: Addressing accounting standards implementation

White papers and other resources

• A guide to accounting for investments, loans and other receivables
• New credit losses standard in a nutshell
• Recognition of other-than-temporary impairment for debt securities
• Impairment and sale considerations for debt securities

Derivatives and hedging

Financial Reporting Insights articles

• Updates to our hedging guide for ASU 2019-04
• Narrow-scope amendments to financial instruments standards
• Additional hedge accounting benchmark interest rate permitted
• Staff interpretations of ASU 2017-12: Prepayable financial instruments
• FASB clarifies certain hedge accounting matters
• Additional hedge accounting benchmark interest rate proposed

White papers and other resources

• A guide to hedge accounting upon the adoption of ASU 2017-12
• Simplified accounting for private companies: Certain interest rate swaps
• Reminder: Need to reevaluate preferred stock and similar instruments
• Disclosures about offsetting assets and liabilities

Other financial instrument issues

Financial Reporting Insights articles

• Final AICPA Accounting and Valuation Guide forthcoming
• Effective date reminder and updated whitepaper on ASU 2016-01
• FASB issues ASU 2018-04
• FASB clarifies guidance in ASU 2016-01
• SAB Topic 5M not applicable upon adoption of FASB ASC 321
• Proposed technical amendments to recently issued standards

White papers and other resources

• Financial instruments: FASB issues standard on recognition and measurement
• Accounting for mortgage purchase programs