Wiley GAAP 2020

22ASC 326 FINANCIAL INSTRUMENTS—CREDIT LOSSES

• Perspective and Issues
  • Technical Alert
    • ASU 2017-03
    • ASU 2016-13
    • ASU 2018-19
    • ASU 2019-04
    • ASU 2019-05
  • Investment Topics
  • Subtopics
  • Scope and Scope Exceptions
    • ASC 326-10, Overall
    • ASC 326-20, Financial Instruments—Credit Losses—Measured at Amortized Cost
    • ASC 326-30, Financial Instruments—Credit Losses—Available-for-Sale Debt Securities
  • Overview
• Definitions of Terms
• Concepts, Rules, and Examples—ASC 326-10, Overall
• Concepts, Rules, and Examples—ASC 326-20, Measured at Amortized Cost
  • Estimating Expected Credit Losses
    • Purchased Financial Assets with Credit Deterioration (PCD) Model
  • Subsequent Measurement
  • Financial Assets Secured by Collateral
    • Loans Subsequently Identified for Sale
    • Interest Income on Purchased Financial Assets with Credit Deterioration
  • Presentation and Disclosure
• Concepts, Rules, and Examples—ASC 326-30, Available-For-Sale Debt Securities
  • Overview
  • Initial Measurement—Determining Whether a Credit Loss Exists
    • Accrued Interest
    • Accounting Policy Election—Accrued Interest Receivable
    • Purchased Financial Assets with Credit Deterioration
  • Subsequent Measurement
    • Factors to Consider When Determining Impairment
    • Accounting Policy Elections
  • Presentation and Disclosure

PERSPECTIVE AND ISSUES

Technical Alert

ASU 2017-03.

See the Technical Alert in the chapter on ASC 250 for information on SEC pre-adoption disclosures for new standards.

ASU 2016-13.

In June 2016, the FASB issued ASU 2016-13, Financial Instruments—Credit ...