Recent amendments to the credit losses standard

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In depth , PwC US May 23, 2019

Recent FASB amendments impact the new credit losses standard. Read more here.

FASB’s amendments to the new credit losses standard

The FASB recently issued amendments to the new credit losses, hedging, and recognition and measurement standards. This In depth addresses the FASB’s amendments to the new credit losses standard. Some of these amendments may have a significant impact on efforts to implement the new guidance.

The proposed amendments clarify certain implementation issues raised by stakeholders, eliminate certain inconsistencies in the guidance and provide additional guidance to preparers on certain topics.

For a deeper discussion on the credit losses standard, please contact:

Chip Currie

Partner, National Professional Services Group, PwC US

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Donald Doran

Partner, National Professional Services Group, PwC US

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Joscelyn Carlin

Director, National Professional Services Group, PwC US

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Analise Saltzman

Director, National Professional Services Group, PwC US

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David Schmid

International Accounting Leader, National Professional Services Group, PwC US

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