Financial Institutions and Banking

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