The Office of the Comptroller of the Currency should expand examiner guidance in the Loan Portfolio Management booklet to provide instructions regarding the proper accounting treatment for nonaccrual loans, including the accounting for payments received on these loans.
Questioned Costs
$0
Funds for Better Use
$0
Recommendation Status
Closed
Source UUID
8c82f7a2-f0ae-4381-bbf9-d5086fe33758-2-1
Recommendation Number
2-1
Significant Recommendation
Yes