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FASB Issues Staff Q&A Document on Estimating Credit Loss Reserves

January 11, 2019

The Financial Accounting Standards Board (FASB) staff issued a question-and-answer document that addresses particular issues related to the weighted average remaining maturity (WARM) method for estimating the allowance for credit losses as required in Accounting Standards Update No. 2016-13 (PDF), Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. Read more (PDF) at the FASB website.