Tag Archive: "accounting"
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Accounting Considerations for Visa Class B Conversions
This blog was authored by my colleague Scott Klitsch, the managing principal of the financial services quality group. Update as of April 16, 2024: Visa has formally issued their Prospectus on April 8, 2024. Holders of Visa Class B-1 shares have until 11:59 pm New York City time on May 3, 2024, to tender their […]
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CECL Blog Series – Part #7
This blog post will continue our CECL Blog Series, where we’re hoping to answer you your CECL Questions one blog at a time!
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CECL Blog Series – #6
This blog post will continue our CECL Blog Series, where we’re hoping to answer you your CECL Questions one blog at a time!
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CLA Joins BankTrends to Host CECL Webinar
David Heneke and Joshua Juergensen from CLA will join Michael Stinson from BankTrends in a webinar on Thursday, February 6th at 2pm CST to discuss practical guidance on the implementation of the WARM methodology for CECL This complimentary webinar will provide the latest insights on how financial institutions are successfully preparing for the new standard. […]
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FASB Proposes Delays in CECL and Lease Standards
FASB plans to propose delays in the effective dates for two major standards affecting many community bankers, CECL and Leasing. They are also proposing delays in the Derivative and Long-duration insurance contracts standards.
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FASB Hints at a CECL Delay
In a recent American Banker interview FASB Chair Russ Golden defended the new accounting standard but also hinted at a possible delay in the implementation for smaller financial institutions and community banks.
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Regulators Confirm WARM as Acceptable Method Under CECL
As we creep closer to the implementation date of CECL for public filers, there has been a significant amount of commentary related to the Weighted Average Remaining Maturity (WARM) methodology throughout the Banking and Credit Union industries. On April 11th, 2019 an interagency webinar was held by representatives from the FRB, FDIC, OCC, SEC, CSBS, […]