Beyond ALLL doubt: Methodology and policy development in uncertain times
Financial Institutions
September 01, 2010
by
In the current economic environment, community financial institutions are finding their Allowance for Loan and Lease Losses (ALLL) analyses under more scrutiny than ever before. Although there have been no significant changes to generally accepted accounting principles (GAAP) or to regulatory policy statements on the evaluation of ALLL, recent regulatory orders suggest that financial institutions are still struggling with requirements to develop a GAAPconsistent ALLL analysis.
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Length: 5 pages (PDF 1741 kB)