Accounting for Purchased Loans
Jan 20, 2015
This slide deck discusses the banking landscape and how there has been a steady wave of market consolidation in recent years. It then gets into accounting for purchased loans and key challenges faced by institutions when they make an acquisition. One of the challenges in the complexity of the calculation itself, which this deck covers in describing examples of both ASC 310-20 (FAS 91) and ASC 310-30 (SOP 03-3) loans.