 Accounting Today | Proposal Would Force Bank Loan Write-Downs New York Times “The global financial crisis highlighted the need for improvements in the accounting for credit losses on loans and other debt instruments held as investments,” said Leslie F. Seidman, the chairwoman of the board. The proposed model from FASB ... FT article: US banks face rise in bad loans cover FASB Proposes Proactive and Preventative Credit Loss Tracking |
