COVID-19 accounting and financial statement guidance
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Looking Ahead in 2022
One of CLA’s strategic advantages is our deep industry specialization. As we look to get a leg up on 2022 and absorb the lessons learned from 2020 and 2021, we see numerous opportunities and areas of focus for our financial institution clients. If we’ve learned anything during this time, it’s that we need to look at risk differently in this ever-changing environment.
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Problem Loan Management – Action Plans
In this three-part series, our goal is to provide considerations for evaluating the overall problem loan management function as we continue to navigate the economic impacts of the COVID-19 pandemic. In this final part our problem loan management series, we turn our focus to action plans.
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Problem Loan Management – Evaluation of Performance and Modifications
In the next part of our problem loan management series, we turn our focus to financial analysis, frequent monitoring, and how to account for special considerations such as loan modifications and extraordinary items on financial statements.
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PPP Aspects of the Consolidated Appropriations Act, 2021 for Lenders
As we wait for SBA’s near-term guidance on administration of the revised PPP, read some of our current insights.
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Accounting considerations for Payroll Protection Program (PPP) loan forgiveness
Many of you are familiar with the blog post we shared with you in April 2020 focused on the accounting considerations of processing and funding PPP loans. We wanted to update that post with a larger focus on the forgiveness process. Our summary of the primary accounting considerations financial institutions should consider, during the forgiveness […]
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Accommodating Loan Modifications
Is your financial institution faced with additional loan modifications for borrowers impacted by COVID-19? Read our insights as you navigate these challenging times.
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Observations on the PPP Loan Forgiveness Process
In this blog, we share our observations on the PPP forgiveness process and additional ways to assist borrowers through this process.
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New Crisis = New Safety and Soundness Standards, Part 4
In this final piece of the series, we explore the evaluation of Management. We encourage you to join us for our live webinar on Tuesday September 1, 2020 at 2pm CST where we will explore this blog series in more detail. You can use this link to register.
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New Crisis = New Safety and Soundness Standards, Part 3
We continue our review of the latest interagency examiner guidance by exploring Earnings, Capital, Liquidity and Sensitivity to Market Risk.
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New Crisis = New Safety and Soundness Standards, Part 2
We continue our review of the latest interagency examiner guidance by exploring PPP Loans, Credit Modifications, Nonaccrual Loans, and the ALLL/ACL. R