Proposed FASB Rule Could Affect CU’s Safety & Soundness
Proposed rule would change how credit unions calculate their Allowance for Loan and Lease Accounts (ALLL), requiring losses to be recognized before they actually occur. [6/3]
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Proposed rule would change how credit unions calculate their Allowance for Loan and Lease Accounts (ALLL), requiring losses to be recognized before they actually occur. [6/3]