Accounting

ABA meets regularly with regulators and accounting standard setters both domestically and internationally and works to achieve accuracy and improvement in financial reporting standards.

News

NewsByte
ABA congressional team: Election results positive for banking, but bipartisan work remains
November 15, 2024
Podcast
Podcast: Tax reform comes into focus for 2025
November 15, 2024
NewsByte
IRS issues memo on tax deductibility of DIF special assessment
November 13, 2024
NewsByte
Rep. Tenney discusses support for tax reform, credit union oversight
October 29, 2024

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CECL Highlights and Challenges

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Related Training & Events

Creating a Strong Company Culture
Upcoming Webinar | December 10, 2024 | 3 - 4 PM ET
Strategic Imperatives for Community Banks
Upcoming Webinar | January 14, 2025 | 3 - 4 PM ET
Managing Interest Rate Risk
Facilitated Training | April 7, 2025

Understand and Prepare for an M&A with ABA's New Guide

ABA's members-only guide is a must-read for any bank considering a merger or acquisition. Get Bank Mergers & Acquisitions: A Self-Assessment Guide today.

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ABA Resources

Data
ABA Snapshot of Banks' CECL Estimates
May 1, 2019
Book
College Accounting
January 1, 2018
Guide
Current Expected Credit Loss Accounting Standard
December 20, 2017
Report
Definitions of Private Company and Public Business Entity
March 9, 2017

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Industry Resources

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CECL Accounting Standard for Credit Losses Issue Update

Higher and more volatile ALLL levels and higher operational costs will reduce available capital and limit a bank's ability to meet credit needs, especially during an economic downturn.

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