In a new article from the Journal of Accountancy, author Ken Tysiac states, “Eligible financial institutions will not be in violation of GAAP if they take advantage of the deferrals or suspensions of two FASB standards as permitted in the new federal coronavirus relief law, SEC Chief Accountant Sagar Teotia said Friday in a statement issued by the commission.”
https://www.bradymartz.com/wp-content/uploads/2020/04/AdobeStock_188272461-scaled.jpeg 1707 2560 Rae Schobinger https://www.bradymartz.com/wp-content/uploads/2018/01/brady-martz-logo-green.png Rae Schobinger2020-04-09 17:29:432020-04-10 13:17:15Financial Institutions Using CARES Act Deferrals Won’t Violate GAAP
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