Response to the FASB Exposure Draft "Accounting by Creditors for Impairment of a Loan--Income Recognition"
美国会计学会回应FASB关于贷款减值收入确认的征求意见稿，认为披露债权人利息收入确认政策及现金收据分配对报表使用者有用，并指出现值法与公允价值法在计量贷款收入与费用上的差异。
Abstract The article presents the response of the American Accounting Association on the Financial Accounting Standards Board's exposure draft on "Accounting by Creditors for Impairment of a Loan--Income Recognition." The Committee believes that the proposed disclosures about the creditor's policy for recognizing interest income, including how cash receipts are recorded, and the total amount of cash receipts, including how the total is allocated between principle and interest, would be useful to financial statement users. The Committee notes that there are differences between measuring loan revenue and expense using present value techniques and using changes in fair or market value. The Committee believes that SFAS 114, both for loans where impairment is recognized using present value techniques and market or fair value techniques, provides adequate guidance on income, revenue, and bad debt expense recognition.