2020 Depository and Lending Institutions: Banks and Savings Institutions, Credit Unions, Finance Companies, and Mortgage Companies - Audit and Accounting Guide

The clear and practical guidance you need.

The financial services industry is undergoing significant change. This has added challenges for institutions assessing their operations and internal controls for regulatory considerations.

Updated for 2020, this industry standard resource offers comprehensive, reliable accounting implementation guidance for preparers. This guide offers clear and practical guidance of audit and accounting issues, and in-depth coverage of audit considerations, including controls, fraud, risk assessment, and planning and execution of the audit.

Topics covered include:

• Transfers and servicing;
• Troubled debt restructurings;
• Financing receivables and the allowance for loan losses; and,
• Fair value accounting

This guide also provides direction for institutions assessing their operations and internal controls for regulatory considerations as well as discussions on existing regulatory reporting matters.