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	<title>Whitlock Company, CPAs &#124; Accounting, Taxes, Audits &#187; Accounting Standards</title>
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		<title>The Next Accounting Controversy</title>
		<link>http://www.whitlockco.com/2009/05/the-next-accounting-controversy/</link>
		<comments>http://www.whitlockco.com/2009/05/the-next-accounting-controversy/#comments</comments>
		<pubDate>Fri, 01 May 2009 15:41:39 +0000</pubDate>
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				<category><![CDATA[Accounting & Auditing]]></category>
		<category><![CDATA[Community Banking]]></category>
		<category><![CDATA[Lending]]></category>
		<category><![CDATA[Accounting Standards]]></category>
		<category><![CDATA[ALLL]]></category>

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		<description><![CDATA[Standard-setters have moved on from fixing fair-value rules and have set their sights on off-balance-sheet accounting and loan-loss provisioning.

Revisions to how companies account for off-balance-sheet items and loan-loss provisions will knock fair-value accounting off the front page with respect to financial reporting, according to James Kroeker, acting chief accountant at Securities and Exchange Commission.

 <a href="http://www.whitlockco.com/2009/05/the-next-accounting-controversy/">Continue reading <span class="meta-nav">&#8594;</span></a><div class="addthis_toolbox addthis_default_style addthis_" addthis:url='http://www.whitlockco.com/2009/05/the-next-accounting-controversy/' addthis:title='The Next Accounting Controversy ' ><a class="addthis_button_preferred_1"></a><a class="addthis_button_preferred_2"></a><a class="addthis_button_preferred_3"></a><a class="addthis_button_preferred_4"></a><a class="addthis_button_compact"></a></div>]]></description>
			<content:encoded><![CDATA[<p>Standard-setters have moved on from fixing fair-value rules and have set their sights on off-balance-sheet accounting and loan-loss provisioning.</p>
<p>Revisions to how companies account for off-balance-sheet items and loan-loss provisions will knock fair-value accounting off the front page with respect to financial reporting, according to James Kroeker, acting chief accountant at Securities and Exchange Commission. <a href="http://www.cfo.com/article.cfm/13599162/c_13575582?f=home_todayinfinance" target="_blank"><span style="color: #000080;">Read more&#8230;</span></a></p>
<address>Marie Leone &#8211; CFO.com | US<br />
April 30, 2009</address>
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