Authors: Charles Mecimore and Douglas Mecimore
Format/Frequency of Update: 3-Ring Binder with CD/
1 update annually
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The Financial Accounting Standards Board (FASB) has determined that banks must use fair value accounting standards to report on many balance sheet items. It's more important than ever to have a clear understanding of fair value reporting, how it affects your bank, and strategies to use fair value to the best advantage of your institution.
The Sheshunoff Fair Value Reporting for Financial Institutions manual is the most comprehensive, practical resource on the specific new rules written specifically for banks. It's a hands-on guide for bank controllers who need to understand and apply the fair value rules in their reporting to shareholders and regulators.
The manual covers:
- Defining fair value and strategies in meeting the current standards
- Basis of Fair Value Reporting
- Regulatory Accounting Principles for Financial Institutions
- Accounting for the Fair Value of Assets and Liabilities (arranged in chapters by asset or liability type), and much more
The authors, Charles Mecimore and Douglas Mecimore, are both CPAs and experts on bank accounting issues. They are respected consultants to banks, accounting firms, and other companies.
The manual is updated periodically to provide information on new accounting standards and best practices and procedures.
Click above to order the Fair Value Reporting for Financial Institutions manual now to get the information you need, in an easy-to-use format or call us at 1-800-456-2340!
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