Patrick D. Dolan

Proposed FASB Rule Accelerating Recognition of Credit Loss

The Financial Accounting Standards Board (FASB) recently released an exposure draft (“Exposure Draft”) that proposes a new approach to accelerate the recognition of credit losses (“Proposed Rule”). The FASB perceives delayed...more

1/22/2013 - Credit Losses Financial Accounting Standards Board GAAP International Financial Reporting Standards Loans Secured Debt