Kent Fisher, a new advocate of our TValue software, provides some insight on mistakes made with interpreting the difficult accounting rules for TDR’s. "Unfortunately, these mistakes can translate into large unexpected changes in the amount of the related specific reserves on TDR’s included in the allowance for loan losses calculation. Knowing how to avoid or minimize these mistakes should allow for fewer surprises during your next regulatory examination or certified audit."-Kent Fisher
Learn More
Troubled Debt Restructurings (TDRs), FAS 114-Net Present Value calculations and Allowance for Loan Losses are quickly calculated with TValue loan modification and amortization software, an easy-to-use calculation tool for financial institutions to help minimize loan losses while structuring win-win loan modifications with accuracy. The use of TValue software includes online training and live phone support.
No comments:
Post a Comment