Financial Institutions and Banking

Accounting Issues at Financial Institutions

Accounting Issues at Financial Institutions

Accounting determinations are routinely questioned as a part of financial litigation and regulatory enforcement actions because they are often complex and require context-dependent judgment. NERA experts can help clients objectively evaluate historical accounting decisions in the context of relevant reporting and regulatory requirements, as well as the economic environment. Our experts have significant financial institution supervisory, regulatory, and audit experience, and can provide an independent and objective assessment of the reasonableness of accounting decisions.

Our expertise covers a wide range of areas, including:

  • Fair value measurement and disclosures
  • Other-than-temporary impairment (OTTI) determinations and accounting for loans acquired with deteriorated credit quality (SOP 03-3)
  • Loan loss allowance (ALLL)
  • Troubled debt restructuring (TDR)
  • Trading, available-for-sale, and held-to-maturity securities
Name Title Location Phone Email
Dr. Patrick Conroy Managing Director
Chair of NERA's Securities and Finance Practice
New York City +1 212 345 1466 patrick.conroy@nera.com
Title Type Author
Expert Analysis: Financial Crisis Anniversary - Trends In Credit Crisis Settlements Published Article By Faten Sabry, Sungi Lee, and Linh Nguyen
PDVSA’s Peculiar Oct. ’22 Bond May Carry Elevated Risks Report By Timothy McKenna and Raphael Starr
Securities Class Actions: 2016 Full-Year Review and Mid-2017 Flash Update Published Article By Stefan Boettrich and Svetlana Starykh
BSA/AML Compliance and Enforcement: An Update for the Securities and Derivatives Indu... Published Article By. Sharon Brown-Hruska
Not All MBS Settlements Are Equal White Paper By Faten Sabry, Sungi Lee, and Linh Nguyen
Trends in Canadian Securities Class Actions: 2016 Update Report By Bradley A. Heys & Robert Patton
Trends in Regulatory Enforcement in UK Financial Markets 2015/16 Year-End Report Report By Robert Patton and Erin McHugh et al