Loans and investments

Start adding items to your reading lists:
Sign in
or
Create your account
Save this item to:
This item has been saved to your reading list.

Accounting guide , PwC US

We've updated our Loans and investments guide to incorporate guidance relating to equity investments, foreclosures and sales of real estate, presentation and disclosure and transition.

This guide was issued in October 2016. Certain sections were updated in May 2017 and October 2018.

Download the guide Loans and investments

Our Loans and investments guide provides guidance on the accounting for loans and investments, including the recognition of interest income and impairment. Certain sections of the guide have been updated to improve clarity, to reflect the most recent interpretive guidance, and for recent standard setting, including ASU 2016-01, Recognition and Measurement of Financial Assets and Financial Liabilities (which is effective beginning in 2018) and ASU 2016-13, Measurement of Credit Losses on Financial Instruments (effective beginning in 2020). Our guide assumes these new standards have already been adopted.

Our Loans and investments guide discusses:

  • Accounting for debt and equity investments including the impairment of equity securities without a readily determinable fair value
  • Accounting for investments in insurance contracts
  • Classifying and accounting for loans and accounting for the associated loan fees and costs
  • Recognizing interest income on loans and investments
  • The current expected credit loss (CECL) model and its application to loans, held-to-maturity, held-for-investment, and held-for-sale debt securities, and other instruments
  • Accounting for loans and investments purchased with credit deterioration (PCD)
  • The accounting for troubled debt and other loan restructurings
  • Financial statement presentation and disclosure of loans and investments
  • Foreclosures and sales of real estate

May 2017 and October 2018 updates to the Loans and investments guide

Certain updates were made to incorporate guidance relating to equity investments, transfers of loans between held for investment and held for sale, foreclosures and sales of real estate owned, presentation and disclosure and transition. See Appendix D, Summary of significant changes, for information on these updates.  

Downloading the guide onto an iPad

iPad
  1. Click on the button below to open document:
    Loans and investments
  2. Once the PDF opens, click on the Action button, which appears as a square icon with an upwards pointing arrow.
  3. From within the action menu, select the "Copy to iBooks" option.
  4. The guide will then be saved to your iBooks app for future access.

Sign up for our weekly newsletter and alerts

Related content

The CECL standard - 5 things you need to know: PwC podcast

The CECL standard - 5 things you need to know

Tick tock. It's time to plan for implementation of the new credit losses standard. Here are 5 things you need to know.

Start adding items to your reading lists:
Sign in
or
Create your account
Save this item to:
This item has been saved to your reading list.
Navigating Current Expected Credit Loss (CECL) implementation: PwC

Navigating Current Expected Credit Loss (CECL) implementation

In this recorded webcast, we discuss how companies are practically navigating the current implementation issues pertaining to CECL. The webcast is intended for...

Start adding items to your reading lists:
Sign in
or
Create your account
Save this item to:
This item has been saved to your reading list.
969442316

Recent amendments to the credit losses standard

We describe the recent amendment to the new credit loss standard. Stay up to date here.

Start adding items to your reading lists:
Sign in
or
Create your account
Save this item to:
This item has been saved to your reading list.
CECL - Impacts for nonfinancial services companies: PwC video

CECL - Impacts for nonfinancial services companies

How will CECL impact nonfinancial services companies? Watch our latest video for a quick summary.

Start adding items to your reading lists:
Sign in
or
Create your account
Save this item to:
This item has been saved to your reading list.

Contact us

Donald Doran

Partner, National Professional Services Group, PwC US

Email
Follow us
Issues Accounting and reporting Auditing Governance insights Regulations Tax Strategy and operations Cybersecurity Human resources Mergers & acquisitions Risk management Sustainability Technology
Featured topics Business combinations Consolidation and equity method Derivatives and hedge accounting Fair value measurement Financial instruments IFRS in the US Income tax and tax reform Insurance contracts Lease accounting Not-for-profit accounting Private company accounting Revenue recognition issues Stock compensation Year-end financial reporting
Publications Accounting guides EITF observer IFRS news In brief In depth In the loop Private company reporter PwC comment letters PwC point of view SEC comment letter trends The quarter close Weekly newsletter
Podcasts, webcasts and videos Podcasts Webcasts Videos On-demand CPE
Standard setters AICPA CAQ COSO EITF FASB GASB IASB PCAOB SEC
Industries Asset management Automotive Banking and capital markets Communications Energy and mining Entertainment and media Financial services Health industries Industrial products Insurance Private equity Power and utilities Private company services Retail and consumer Technology
About CFOdirect Newsletter signup What's new Resources Contact us

© 2016 - 2019 PwC. All rights reserved. PwC refers to the US member firm or one of its subsidiaries or affiliates, and may sometimes refer to the PwC network. Each member firm is a separate legal entity. Please see www.pwc.com/structure for further details.