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Banking & Securities — Accounting and Financial Reporting Update (2015)

Published on: Nov 18, 2015

The eighth edition of the annual update highlights selected accounting and reporting developments that may be of interest to banking and securities entities. Topics discussed include (1) the issuance of new guidance modifying the FASB’s new standard on the recognition of revenue from contracts with customers; (2) the FASB’s continued work on the accounting for credit impairment, leases, and financial instruments; and (3) the SEC’s continued focus on rulemaking, particularly in connection with its efforts to complete mandated actions under the Dodd-Frank Act.

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