Heads Up: Repo 101 — FASB Gets Back to Basics on Repurchase Accounting
Volume 17, Issue 38
The attached issue of Heads Up discusses the FASB’s recently issued proposed Accounting Standards Update, Reconsideration of Effective Control for Repurchase Agreements, which amends the guidance in FASB Accounting Standards Codification Topic 860, Transfers and Servicing, on accounting for certain repurchase agreements.
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.
Subscribe to receive Deloitte's Heads Up alerts: