United States

Accounting for Interest Income associated with the purchase of callable debt securities

Nov 04, 2016
From Financial Reporting View

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This podcast features professionals from KPMG's Department of Professional Practice discussing an overview of the FASB's project to address the accounting for interest income associated with the purchase of callable debt securities.

For more information, read the FASB's Exposure Draft — Receivables — Nonrefundable Fees and Other Costs (Subtopic 310-20): Premium Amortization on Purchased Callable Debt Securities.