Boards Propose New Accounting Model for 'Expected' Loan Losses

Posted on Monday, February 14, 2011

Two entities charged with setting accounting standards for financial instruments have released a proposal that would require lenders to account for anticipated losses on loans earlier, in what is being described as a fundamental shift from current practices. The International Accounting Standards ...

Changes Make Same Old Banks Look Better

Posted on Sunday, June 7, 2009

Let's not forget that you can play with numbers to make them appear just about any way you want. Congress recently revised the requirement mark to market accounting rules (see other blog entries for more explanations). Without even discussing the merits of mark to market and whether thise rules do...

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