United States

FASB Redeliberates Impairment of Debt Securities and Measurement of Credit Losses

Aug 21, 2014
From the Financial Reporting View

This edition of Defining Issues reports that at its August 13 meeting, the FASB continued redeliberations on its proposed standard on financial instrument impairment and discussed (1) whether the lifetime expected credit loss model would apply to debt securities and (2) the measurement of expected credit losses for financial assets.

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