The Independent Community Bankers of America is getting one more chance to explain why it believes a plan to change the accounting for loan losses will result in major hardship for smaller banks.

The Financial Accounting Standards Board has agreed to meet on Feb. 4 with a delegation of community bank leaders, as well as auditors and regulators. FASB spokeswoman Christine Klimek said plans for a meeting have been in the works since December, adding that other details are still being finalized. The ICBA is in the process of selecting bank executives to attend the meeting.

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