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FASB hosts credit losses roundtable

During a May 20 roundtable held as part of the FASB's post implementation review of the credit loss guidance, investors, preparers, practitioners, and regulators provided feedback on the implementation of the guidance, the application and potential scope expansion of purchased assets with credit deterioration accounting, and the relevance of the troubled debt restructuring guidance. After considering the feedback received, the FASB staff will discuss with the Board whether there should be any additions to the FASB’s technical agenda.

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