PwC has responded in support of the FASB's proposal to eliminate the designation and accounting for troubled debt restructurings.
To view the full text, launch or detach the following PDF file: PwC comments on FASB proposal related to TDRs (PDF 183kb)

PwC. All rights reserved. PwC refers to the US member firm or one of its subsidiaries or affiliates, and may sometimes refer to the PwC network. Each member firm is a separate legal entity. Please see www.pwc.com/structure for further details. This content is for general information purposes only, and should not be used as a substitute for consultation with professional advisors.

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