Product Image

Depository and Lending Institutions: Banks and Savings Institutions, Credit Unions, Finance Companies, and Mortgage Companies - Audit and Accounting Guide

Publisher: AICPA
Availability: Varies by Format (See Below)
See Below To Add To Cart
View Online Catalog
Print This Page
Available Formats:  Online Subscription | eBook | Paperback | See All

The 2015 edition of this industry standard resource offers clear and practical guidance on audit and accounting issues such as transfers and servicing, troubled debt restructurings, financing receivables and the allowance for loan losses, and fair value accounting. It also provides direction for institutions assessing their operations and internal controls for regulatory considerations.

New and existing regulatory reporting matters are also covered, including updates resulting from the Dodd-Frank Wall Street Reform and Consumer Protection Act and BASEL III implementation.

Key Benefits Include:

  • Coverage of regulatory updates from key industry regulators (FDIC, OCC, Federal Reserve and NCUA)
  • Coverage of Basel III capital rulings that overhaul existing capital adequacy rules and implement both the Basell III capital framework issued by the Basel Committee on Banking Supervision and certain requirements imposed by the Dodd-Frank Act. The new rules will completely replace the OCC, the Federal Reserve, and the FDIC’s existing capital requirements.
  • Illustrative auditors’ reports
  • Appendix which highlights FASB ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606)
  • A new appendix which highlights an overview of statements on quality control standards
Accounting Updates
  • FASB ASU 2014-02, Intangibles—Goodwill and Other (Topic 350): Accounting for Goodwill (a consensus of the Private Company Council)
  • FASB ASU 2014-03, Derivatives and Hedging (Topic 815): Accounting for Certain Receive-Variable, Pay-Fixed Interest Rate Swaps—Simplified Hedge Accounting Approach (a consensus of the Private Company Council)
  • FASB ASU 2014-04, Receivables—Troubled Debt Restructurings by Creditors Subtopic 310-40): Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans upon Foreclosure (a consensus of the FASB Emerging Issues Task Force)
  • FASB ASU 2014-07, Consolidation (Topic 810): Applying Variable Interest Entities Guidance to Common Control Leasing Arrangements (a consensus of the Private Company Council)
  • FASB ASU 2014-08, Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360): Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity
  • FASB ASU 2014-11, Transfers and Servicing (Topic 860): Repurchase-to-Maturity Transactions, Repurchase Financings, and Disclosures
  • FASB ASU 2014-14, Receivables—Troubled Debt Restructurings by Creditors (Subtopic 310-40): Classification of Certain Government-Guaranteed Mortgage Loans upon Foreclosure (a consensus of the FASB Emerging Issues Task Force)

Regulatory Updates

  • Basel III final rulings
  • Credit Risk Retention

Who Will Benefit:

This guide is applicable for management accounting and financial professionals at depository and lending institutions of all sizes, as well as CPAs at auditing firms of all sizes who perform engagements in the depository and lending industry.

Paperback , 2015
Product# AAGDEP15P
Availability: In Stock
AICPA Member:$79.00
Your Price:$99.00
Standing Order icon
Standing Order icon

Standing Order Option: Save 10% on Publications

Check the Standing Order Option box to save 10% on this publication. (The discounted price will appear in the Shopping Cart.) Each future new edition will be automatically shipped to you at a 10% discount.

If you wish to be removed from the Standing Order list in the future, simply contact the AICPA Service Center at 888.777.7077 or

Save on current and future editions.
eBook , 2015
Product# AAGDEP15E
Availability: eBook Download
AICPA Member:$69.00
Your Price:$89.00
Depository and Lending Institutions - Guide
Online Subscription
Product# WDL-XX
Availability: Online Access 1 Year
For registered users only
AICPA Member:$69.00
Your Price:$89.00
To receive your AICPA member discount, Sign In now, or Register using your AICPA membership number.