Accounting for loan receivables by corporates

PwC's accounting podcast

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We continue our miniseries on loans and investments with a discussion of the accounting by corporate entities for loan receivables, which can include items such as trade receivables and other receivables with customers, suppliers, employees and more.
In this episode, we discuss:

• 1:43 – The definition of a loan and types of loan arrangements
• 3:18 – Recognition and measurement of loans
• 7:40 – Classification and accounting for loans held for sale or held for investment
• 18:54 – Recording interest income on loans
• 23:29 – An overview of loan impairments

For more information, see chapter 4 of our Loans and investments guide. Also, check out our other episode in this miniseries, Accounting for debt securities held by corporates. Additionally, follow this podcast on your favorite podcast app for more episodes.
Chip Currie is a partner in PwC’s National Office with nearly 30 years of experience assisting companies in resolving complex business and accounting issues. He concentrates on the accounting for financial instruments under both current and emerging standards and works with many of the firm's largest financial services clients and a number of non-financial services clients on treasury-related matters.
Catherine Espino is a partner in PwC’s National Office with 20 years of experience serving large financial institutions, broker-dealers, as well as smaller subsidiaries and private companies. Catherine focuses on advising companies within the financial services and non-financial services sectors on significant and complex accounting issues.
Heather Horn is the PwC National Office Sustainability and Thought Leader, responsible for developing our communications strategy and conveying firm positions on accounting, financial reporting, and sustainability matters. In addition, she is part of PwC’s global sustainability leadership team, developing interpretive guidance and consulting with companies as they transition from voluntary to mandatory sustainability reporting. She is also the engaging host of PwC’s accounting and reporting weekly podcast and quarterly webcast series.
Transcripts available upon request for individuals who may need a disability-related accommodation. Please send requests to [e-mail].

Capíttulos

1. Accounting for loan receivables by corporates (00:00:00)

2. The definition of a loan and types of loan arrangements (00:01:43)

3. Recognition and measurement of loans (00:03:18)

4. Classification and accounting for loans held for sale or held for investment (00:07:40)

5. Recording interest income on loans (00:18:54)

6. An overview of loan impairments (00:23:29)