AICPA Releases PPP Q&A for Lenders
July 6, 2020
The American Institute of CPA’s (AICPA) released Technical Questions and Answers (TQA) on June 30 to address common accounting issues for Paycheck Protection Program (PPP)
The American Institute of CPA’s (AICPA) released Technical Questions and Answers (TQA) on June 30 to address common accounting issues for Paycheck Protection Program (PPP)
On March 22, 2020, regulators released an interagency statement on loan modifications by financial institutions working with customers affected by the coronavirus. This statement applies
The Federal Reserve is now well into its latest rate-hike campaign that started with a quarter-point boost in the Federal Funds rate in late 2015.
On May 25, legislation was signed into law that relieves some of the regulatory burden community banks have faced since passage of the Dodd-Frank Act
Innovations in digital banking are moving at breakneck speed, forcing many community banks to plant their digital flag in the sand. In short, your bank
Historically, banks have based credit loss reserves on the amount of loan losses they’ve incurred in the past. However, this will soon be changing—and this
written by Kami Bailey As you review the financial statements of small business borrowers, you may now see goodwill amortized on the statements of borrowers
written by Kami Bailey The economic recovery that began in the summer of 2009 passed another significant milestone in April when it became the second-longest
written by Kami Bailey Over the past decade, mainly due to the financial crisis, banks have enjoyed lots of liquidity and been flush with deposits.
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