Industry CPA veteran Michael Sacher has been providing expertise to credit unions on accounting and finance, internal control, asset liability management and governance issues for 30 years. After spending seven years as partner in charge of the Los Angeles office of McGladrey & Pullen's credit union division, Sacher struck out on his own in 2008, forming Sacher Consulting.
An expert in allowance for loan and lease loss accounting and troubled debt restructuring, Sacher's skills were in high demand in 2009.
Credit Union Times: How has ALLL methodology changed in the past few years?
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