Accounting

The financial technology services company leverages credit data.

While the looming loan-loss accounting standard has been criticized for its complexity and the potential cost to implement, some advocates believe it could also lead to better pricing decisions and improve communication within a bank.

Credit unions and banks continue to push for leniency as the clock ticks toward adoption of the drastic change to how banks account for expected loan losses.

The industry continues to push for leniency as the clock ticks toward adoption of the drastic change to how banks account for expected loan losses.

Veritex will take advantage of accounting rules in its deal for Green Bancorp, a larger bank with lingering energy exposure.

Fannie Mae and Freddie Mac may need to tap into U.S. Treasury funds when they adopt CECL, a new accounting rule that makes companies set aside money upfront for expected loan losses.

Two experts offer insights into some of the shifts taking place surrounding accounting standards, such as CECL and others.

A new accounting standard will soon go into effect, but banks lack clarity on how to conform.

Bank regulators propose to allow banks to phase in capital treatment of credit losses over three years.

KPMG has been the bank's auditor since 1931. Critics say it's time for a change.

The San Juan company disclosed an error in the way it calculated the provision for losses in its commercial loan book.

Men and women who work in accounting say there’s a low prevalence of sexual harassment in the profession; the numbers suggest otherwise.

The New Jersey bank did not say exactly what the problem was, but it is beefing up how allegations of financial-reporting violations are reported to upper management.

The issue had forced the Los Angeles company to scuttle its deal to acquire U&I Financial in Washington state.

Wells Fargo, which has been told by the Fed that it needs to improve its governance and controls, on Thursday received an important thumbs-up from its outside auditor and also named the four senior directors who will retire next month.

The acting head of the Consumer Financial Protection Bureau has made clear he wants to rein in the bureau’s spending, but what exactly he plans to cut is a mystery.

The agency will issue proposed changes to the quarterly financial reporting system for a 60-day comment period. The aim is to streamline the 'backbone' of the regulator's examination data-collection efforts.

Despite impending data requirements, many small banks are still struggling with automating loan risk calculations.

Malvern Bancorp’s restatement of nearly four years of results worked out in its favor, but it had to acknowledge — and explain — the reason: Outside accountants spotted a problem in its financial-reporting controls.

Comerica's chief accounting officer since 2010, Carr will replace David Duprey, who is retiring early next year.