Loan Origination Fees: to Recognize Immediately or Amortize?
Reading Time: 2 minutesIf your bank immediately recognizes loan origination fees and costs directly to your income statement, you are not alone. This is a common practice among many community banks. However, this practice is not in accordance with Generally Accepted Accounting Principles (GAAP). Watch this video to see Kati Barnhill explain the misconception …
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