The IASB credit loss standard would be less burdensome on credit unions.
Editorial commentary on current issues from CU Times' editorial staff and correspondents.
International accounting board closes comment period on its proposed credit loss changes.
Council reps at International Accounting Standards Board panel discussion on Monday.
In case you’ve missed it, significant efforts are currently underway to align U.S. accounting practices with standards that are followed in other parts of the world (the convergence process). To accomplish this monumental task, the U.S.-based Financial Accounting Standards Board is working closely with the International Accounting Standards Board.