FASB on Wednesday issued updated guidance on the measurement of credit losses for accounts receivable and contract assets in response to feedback from private company stakeholders. The amendments in ...

Royal Bank of Canada logged a jump in quarterly earnings thanks to growth across each of its business segments and a lower-than-expected credit-loss provision. The bank, Canada's largest by market ...

The Financial Accounting Standards Board published an accounting standards update Wednesday with optional guidance on the measurement of credit losses for accounts receivable and contract assets.

MUMBAI: The Reserve Bank has proposed significant changes to the way banks assign risk weighting to loans and the so-called expected credit loss (ECL) framework, in a move aimed at aligning domestic ...

The Reserve Bank of India (RBI) issued a new Expected Credit Loss (ECL) draft, marking a turning point for Indian banks. Effective from April 2027, the ECL regime will require banks to provision for ...