Home Info Newsroom FASB Board Reconsidering TDR Accounting for CECL Adopters

FASB Board Reconsidering TDR Accounting for CECL Adopters

Authored By: Lewis Wood on 10/14/2021

The Financial Accounting Standards Board (FASB) held a board meeting yesterday to discuss targeted improvements to the current expected credit loss (CECL) standard. Of note, the board discussed the reconsideration of troubled debt restructuring (TDR) accounting for CECL adopters and possible alternative methods.

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