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ASC 326 provides comprehensive guidance on recognizing and measuring credit losses related to financial assets measured at amortized cost (e.g., held-for-investment loans and held-to-maturity debt securities), net investments in leases, reinsurance recoverables, certain off-balance-sheet credit exposures (e.g., certain loan commitments), and available-for-sale (AFS) debt securities.

This Roadmap provides an overview of the accounting model for current expected credit losses (CECL) in ASC 326, including Deloitte’s insights into how to apply that guidance in practice. The 2025 edition reflects guidance codified in ASC 326 as of the date of this publication.

The SEC’s Division of Corporation Finance has released FAQs to answer questions that have arisen regarding the Commission’s March 2026 interpretive release "Application of the Federal Securities Laws to Certain Types of Crypto Assets and Certain Transactions Involving Crypto Assets."

This publication discusses the FASB’s proposal to amend the guidance in ASC 860-502 on the measurement of residential mortgage servicing rights (MSRs) related to recapture.