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This section introduces some concepts used with asset-level Expected Credit Losses (ECL) for US GAAP accounting bases.

About the US Treatment ECL Method

WRITERS NOTE: revised

Eagle’s accounting solution offers two methodologies for processing for asset-level Expected Credit Losses. It uses the ECL Method of US Treatment for processing expected credit losses associated with US GAAP accounting bases for use with AFS and HTM regulatory categories.

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You can book non-credit loss adjustments for AFS securities that have a regulatory intent of Not LIkely Likely Required to Sell.