Accounting standards

Completing the deal before the new year would let the merged company avoid an earnings hit in complying with the Current Expected Credit Loss accounting standard and give it more flexibility on capital adjustments.

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The four prudential agencies, which will enforce the new credit loss methodology developed by the Financial Accounting Standards Board, said they want to promote consistency.

FASB delayed implementation for the majority of banks and credit unions until 2023, but many in the industry still oppose the rule, despite regulators' attempts to ease the path forward.

The accounting board delayed implementation for the majority of banks and credit unions until 2023.

The National Credit Union Administration should help soften the effects of the new standard on regulatory capital through rulemaking.

More community bankers now say that cost of funds, not regulatory expense, poses the biggest threat to profits, according to a new survey.

Readers react to plans by Democratic presidential candidates to reform college tuition, credit unions buying more banks, whether the next president could fire the CFPB head and more.

A proposal to define wages-on-demand would protect consumers and serve as an example for others.

The association filed a comment letter urging FASB to delay CECL implementation for all banks, while asking a key accounting group to support its effort.