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: allowance
10-07-21 : FASB Standard On Disclosure Of Credit Quality-Financing Rec'bles, Allow. For Credit Losses
On the afternoon of July 21, 2010 FASB announced the release of a new standard on Disclosures of Credit Quality of Financing Receivables and the Allowance for Credit Losses.
09-06-24 : Proposal On Disclosures About Credit Quality, Allowance For Credit Losses Issued By FASB
On June 24, 2009 FASB released an Exposure Draft of a proposed standards on disclosures about credit quality and the allowance for credit losses. 09-04-22 : FASB Wants Changes To Loan Loss Disclosures This Year
At its April 22, 2009 board meeting, FASB agreed to that its upcoming proposal on loan loss disclosures should be effective this year (interim and annual periods ending after Dec. 15, 2009). FASB staff expects to release the proposal in May, and the board agreed to a 60-day comment period.
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