Heads Up: Board Enhances Disclosures About the Credit Quality of Financing Receivables and the Allowance for Credit Losses
Volume 17, Issue 24
The attached issue of Heads Up discusses the FASB’s newly issued Accounting Standards Update (ASU) No. 2010-20, Disclosures About the Credit Quality of Financing Receivables and the Allowance for Credit Losses. The ASU requires more robust and disaggregated disclosures about the credit quality of an entity’s financing receivables and its allowance for credit losses.
Read more in the file attached below or visit the Heads Up Archive for past issues.
Heads Up and other information on accounting and financial disclosure also can be found in the Technical Library: The Deloitte Accounting Research Tool. Technical Library, a subscription-based research tool, includes material from the Financial Accounting Standards Board (FASB), Emerging Issues Task Force (EITF), AICPA, Securities and Exchange Commission (SEC) and International Accounting Standards Board (IASB), in addition to our own accounting manual and interpretive accounting guidance. Updated every business day, the Technical Library has an intuitive design and navigation system. Powerful search features enable users to locate information quickly, at any time and from any computer. Additionally, Technical Library subscribers receive periodic e-mails highlighting recent additions to the Technical Library.
Subscribe to receive Deloitte's Heads Up alerts: