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At EY, our purpose is building a better working world. The insights and services we provide help to create long-term value for clients, people and society, and to build trust in the capital markets.
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.