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Gain confidence with BerryDunn Not rendering correctly? View this email as a web page here.
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CECL: Prepare strong model documentation
Now that you've adopted CECL, the next step is to create a strong model document. Understand best practices and how to create a robust model document to meet regulatory expectations and provide consistent and accurate information to all stakeholders.
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Quarterly Banking Profile: Gain perspective on community bank performance
The Federal Deposit Insurance Corporation (FDIC) recently issued its First Quarter 2023 Quarterly Banking Profile. Review our highlights and takeaways from the profile for the 4,230 FDIC-insured community banks reviewed in the quarter.
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Lease accounting: Get the latest on related party arrangements
In March, FASB issued its first ASU of 2023, ASU No. 2023-01 – Leases (Topic 842): Common Control Arrangements. This ASU finalized the much-anticipated guidance on related party arrangements between entities under common control. Get the highlights.
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Accounting pronouncements: Explore key ASUs
Get a summary of the latest FASB pronouncements relevant to your financial institution. This summary includes longstanding ASUs on leases, investments, credit losses, reference rate reform, and derivatives and hedging.
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On the airwaves: New podcast episodes
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In the spotlight: Kristen Perry
Meet Kristen Perry, a Principal in our Tax Consulting and Compliance Practice Group. She discusses her career at BerryDunn, including time spent as a CFO in the private sector.
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In the spotlight: Jeff Ring
Get to know Jeff Ring, a Principal in our Tax Consulting and Compliance Group. He shares how he became an accountant, his experience, and his creative approach to solving challenges.
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