About the Expert Panel
The Depository and Lending Institutions Expert Panel serves the needs of AICPA members on financial and business reporting and audit and attest matters. The expert panel protects the public interest by bringing together knowledgeable parties in the depository and lending institutions industry to deliberate and come to agreement on key depository and lending institution issues.
Expert Panel Projects
Comment Letter to the Federal Housing and Finance Agency’s (FHFA) regarding their September 10, 2014, Notice of Proposed Rulemaking, “Members of Federal Home Loan Banks.”
On June 11, 2013, FinREC and the Financial Instruments Task Force sent a comment letter to FASB on the Proposed Accounting Standards Update (ASU), Recognition and Measurement of Financial Assets and Financial Liabilities
On May 31, 2013, FinREC and the Financial Instruments Task Force sent a comment letter to FASB on Financial Instruments—Credit Losses.
AT Interpretation No. 1, “Reporting Under Section 112 of the Federal Deposit Insurance Corporation Improvement Act,” - An interpretation of AT section 501, An Examination of an Entity’s Internal Control Over Financial Reporting That Is Integrated With an Audit of Its Financial Statements
AICPA document regarding how CPAs should handle requests from mortgage brokers
Expert panel communication with the SEC regarding "Day Two Loan Accounting"
- AICPA Insights Blog Volcker Rule Could Affect Community Bank's Year End Bottom Line