Financial Reporting Alert 23-2: Accounting and Financial Reporting Considerations Related to Recent Banking-Sector Developments

Published on: Mar 28, 2023

Recent bank failures and takeovers have impacted the banking sector and broader business. Against a backdrop of other U.S. and global macroeconomic and geopolitical conditions, it is important to consider these banking-sector events as part of ongoing, iterative risk assessment. U.S. and global uncertainties related to these banking-sector events persist, and further short- and long-term regulatory action may occur. This alert has been issued to help companies with the accounting/financial reporting considerations related to these events.

This publication was released by our US firm.


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