[aaykarbhavan] ACCOUNTING RULES & BANK FAILURE--USA

EASON FOR BANK FAILURE

---

Accounting rules that limited loss provisions played a role in the failure of some 400 community banks over the course of the financial crisis, according to a report by the Government Accountability Office. U.S. Generally Accepted Accounting Principles that require institutions to limit their loan loss reserves according to historical loss rates exacerbated the issue.

 

__._,_.___

receive alert on mobile, subscribe to SMS Channel named "aaykarbhavan"
[COST FREE]
SEND "on aaykarbhavan" TO 9870807070 FROM YOUR MOBILE.

To receive the mails from this group send message to aaykarbhavan-subscribe@yahoogroups.com

Your email settings: Individual Email|Traditional
Change settings via the Web (Yahoo! ID required)
Change settings via email: Switch delivery to Daily Digest | Switch to Fully Featured
Visit Your Group | Yahoo! Groups Terms of Use | Unsubscribe

__,_._,___