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 ...

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.

The Financial Accounting Standards Board (FASB) has issued an update to improve credit loss measurement for accounts receivable and contract assets. The new accounting standards update (ASU) provides ...

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 ...