K·Coe Insights: Posts from category

Community Banks

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Recent Accounting & Auditing Changes that May Impact You, Part II

By K·Coe Editorial | January 13, 2017
Reading Time: 3 minutes It was a busy 2016 for accounting standards reviewers, and there are a number of changes coming that financial institutions will want to be ready for. This two-part article covers several key issues to help you stay out in front in 2017. In Part I of this two-part article, we …

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Proper Recognition of Loan Origination Fees and Costs

By K·Coe Editorial | July 20, 2016
Reading Time: 2 minutes The practice of many banks is to immediately recognize loan origination fees and costs directly to income and expense at the time of loan origination. This practice runs counter to Generally Accepted Accounting Principles (GAAP) and puts banks at risk of being out of regulatory compliance on call reports. Watch …

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