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Financial Reporting Developments - Credit impairment under ASC 326


Overview

Our Financial reporting developments (FRD) publication on credit impairment has been updated to remove the related transition guidance in ASU 2016-13 and accounting standard updates impacting ASC 326, as well as comparisons to and interpretive guidance and examples under legacy GAAP since all entities have adopted the ASU. Refer to Appendix E of the publication for a summary of the updates.

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