Questions Persist on How to Comply With New Loan Loss Rules

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Questions Persist on How to Comply With New Loan Loss Rules

Guidance expected in two months on how to conform to credit-loss reporting * Accountants, banks, analysts, regulators working on answers to compliance questions. (Bloomberg Law) — Accounting firms and their clients in banking, finance, and other industries continue to search for answers about how
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Fed Raises Rates While Keeping Three-Hike Outlook for 2018

The yield on 10-year U.S. Treasury notes was little changed after the Fed announcement, as was the Bloomberg Dollar Spot Index. The 7-2 vote for the rate move, the Fed's third this year, raises the benchmark lending rate by a quarter percentage point to a target range of 1.25 percent to 1.5 percent.
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Investors on Rev Rec Changes: Who Cares?

Sure, there will be some accounting adjustments, especially around when to recognize revenue based on customer contracts and when to record sales-compensation expenses. For many companies, such changes will cause bottom lines to rise or fall, depending on their particular circumstances.
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Battle Brews Over Marx Brothers Playground in Path of NYC Tower

Groucho Marx once said that politics is the art of looking for trouble. New York Mayor Bill de Blasio and City Council Speaker Melissa Mark-Viverito have found it in a playground named for the comedian and his brothers in their old neighborhood on Manhattan's Upper East Side. The two officials support
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Accounting Manager II

Rutgers, The State University of New Jersey, is seeking an Accounting Manager II for The Office of the University Controller. This position reports to a Senior Manager in the University Controller's organization, this position is responsible for the management and supervision of daily operations and
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