Twenty Twenty Analytics Releases Full Length FASB Credit Quality Disclosure
On April 22, we posted information on a new FASB disclosure requirement (See Original Post Here). If you haven’t read the referenced blog post, beginning for periods ending after December 15, 2011, additional information will be required to be disclosed about the credit quality of financing receivables and the allowance for credit losses.
We have taken our research on this topic a step further and drafted a full length disclosure using information derived from our portfolio analysis.
Click Here to View the Full Twenty Twenty Analytics Disclosure Example
All of the information required to populate this disclosure can be found in a standard Twenty Twenty Analytics portfolio analysis. If you have any questions regarding how we can help you prepare this disclosure, please contact us or email me. We hope this helps you in planning for your 2011 Year Ends!
-Dan Price, CPA
Twenty Twenty Blogger
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