Summary: | The Financial Accounting Standards Board (FASB) has issued a proposed Accounting Standards Update (ASU) that would change recognition and measurement of credit losses for financial and regulatory reporting purposes. The FASB’s comment period closes May 31, 2013. The FDIC will host a free 90-minute teleconference at 1:00 p.m. EDT, May 16, 2013, to discuss the proposal with interested bankers. Employees of all FDIC-supervised institutions are invited to participate. Statement of Applicability to Institutions under $1 Billion in Total Assets: This Financial Institution Letter applies to all FDIC-supervised institutions. |
Highlights:
Distribution: Suggested Routing: Teleconference number: Note: |
Additional Related Topics:
- Consolidated Reports of Condition and Income (Call Report)
FIL-18-2013