Description
(AICPA Audit and Accounting Guide) 2nd Edition
by AICPA (Author)
The 2017 edition of this industry
standard resource offers clear and practical guidance of audit and
accounting issues such as transfers and servicing, troubled debt
restructurings, financing receivables and the allowance for loan losses,
and fair value accounting. It also provides direction for institutions
assessing their operations and internal controls for regulatory
considerations as well as discussions on existing regulatory reporting
matters. Updates include:
SAS No. 132, The Auditor's Consideration of an Entity's Ability to Continue as a Going Concern SSAE No. 18, Attestation Standards: Clarification and Recodification Note:
FASB ASU No. 2016-13 will have a significant impact on the guide;
however, incorporation of guidance will not occur until the 2018 or 2019
edition of the guide.
