Archive for March 29th, 2013

FASB comment deadline on the proposal for accounting for credit losses on financial assets extended

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The US Financial Accounting Standards Board (FASB) has extended the comment deadline for its proposal to improve financial reporting about expected credit losses on loans and other financial assets held by banks, financial institutions, and other publi…

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Deloitte comment letter on proposed limited amendments to IFRS 9

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We’ve submitted our comment letter on the IASB’s ED/2012/4 ‘Classification and Measurement: Limited Amendments to IFRS 9’. While we support the objective of the proposed amendments, we believe the guidance could be made simpler and clearer, and also c…

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