Appendix D — Roadmap Updates for 2023 | DART – Deloitte Accounting Research Tool

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Appendix D — Roadmap Updates for 2023

The table below summarizes the substantive changes made in the 2023 edition of this Roadmap.

Amended Content

Section	Title	Description
On the Radar		Added discussion of the FASB’s proposed ASU (issued in June 2023) on PFAs.
4.2.2	Expected Extensions, Renewals, and Modifications	Added Changing Lanes to explain that the elimination of the concept of TDRs does not change how entities consider loss mitigation activities in calculating the allowance for credit losses.
6.1	Introduction	Revised Changing Lanes to mention the FASB’s recently issued proposed ASU on PFAs.
7.2.5	PCD Considerations Related to AFS Debt Securities	Added Changing Lanes to note that the FASB’s recently issued proposed ASU on PFAs would eliminate the PCD model for AFS debt securities.
7.2.5.1.4	Subsequent Accounting Under the PCD Model in ASC 326-30	Added guidance on prospective yield adjustments for adverse changes in cash flows that are not reflected in the allowance for credit losses as a result of the fair value floor.
10.2.4	Proposed ASU	Renamed section and replaced content with discussion of the FASB’s proposed ASU on PFAs.

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