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13 October 2015

OCC Publishes Update To The Bank Accounting Advisory Series

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On September 29, the Office of the Comptroller of the Currency released an update to the Bank Accounting Advisory Series.
United States Finance and Banking

On September 29, the Office of the Comptroller of the Currency released an update to the Bank Accounting Advisory Series (the "BAAS"). The goal of the BAAS is to promote consistent application of accounting standards a mong national banks and federal savings associations. The update to the BAAS includes answers to frequently asked questions regarding troubled debt restructuring, other real estate owned and pushdown accounting. Press Release. BAAS Update.

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