The Financial Accounting Standards Board will be looking at techniques for grouping impaired loans as a possible alternative to individual treatment of troubled loans.

The board instructed its staff to find ways to group the troubled loans and estimate their expected future cash flows instead of doing the two functions on a loan-byloan basis, according to FASB staff. Despite calls by critics to abandon the project in favor of the more comprehensive multiyear financial instruments project, the board has decided to proceed with the project separately.

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