TimeValue Software will be presenting a Troubled Debt Restructuring (TDR) four-step process for impairment calculations per FAS 114 for the Southern California Credit Union Alliance on December 8 at 2pm. Determing cash flows on a loan modification or TDR, performing the present value of expected future cash flows to determine the allowance for loan loss (ALL), and day-two accounting for the accretion of the loan loss can all be easily performed with a systematic process in place. Our supportable methodology is one effective way using TValue software.
Check out the SCCUA website for the location and information to attend the meeting at http://www.sccua.org/.
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