The Loans and investments guide discusses the accounting for loans and debt and equity investments, including the recognition of interest income and impairment.
This guide was partially updated in September 2020.
Our Loans and investments guide was updated in August for recently issued guidance and in September to include a new chapter on accounting for beneficial interests. Our guide provides insights on the accounting for loans and investments post adoption of the recognition and measurement standard and the new credit losses standard. This guide also addresses the presentation and disclosure requirements, as well as the effective date and transition for the standards.
Think the new credit losses (CECL) standard doesn’t impact non-financial companies? We explain why it impacts all companies and share lessons learned.
© 2016 - 2020 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.