Questions about disclosure requirements under ASU 2022-02? Crowe specialists have answers regarding the new standard.
- Elimination of TDRs. Removes the requirement to classify certain loan modifications as troubled debt restructurings (TDRs), simplifying the accounting process.
- Loan modifications. Provides guidance on how to account for and disclose loan modifications under the new standards.
- Vintage disclosures. Introduces the requirement for vintage disclosures, which involve reporting the year of origination for loans.
- Impact on financial reporting. Discusses the implications of these changes for financial reporting and the need for updated policies and procedures.
- Implementation guidance. Offers practical advice for implementing the new standard and ensuring compliance.
This FAQ can help organizations navigate the transition to the new accounting standard effectively.
In this webinar recording, industry specialists cover the world of check fraud and how banks can address that challenge.
Learn how fintechs and sponsors are managing fraud, cyberthreats, and accounting operations in this on-demand webinar.
A laptop featuring a green shield and check mark, representing cybersecurity solutions discussed in a webinar recording.
In this webinar recording, industry specialists cover the world of check fraud and how banks can address that challenge.
Learn how fintechs and sponsors are managing fraud, cyberthreats, and accounting operations in this on-demand webinar.
A laptop featuring a green shield and check mark, representing cybersecurity solutions discussed in a webinar recording.