12 CFR § 162.1 - Accounting and disclosure standards.

---
identifier: "/us/cfr/t12/s162.1"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 162.1 - Accounting and disclosure standards."
title_number: 12
title_name: "Banks and Banking"
section_number: "162.1"
section_name: "Accounting and disclosure standards."
chapter_name: "COMPTROLLER OF THE CURRENCY, DEPARTMENT OF THE TREASURY"
part_number: "162"
part_name: "ACCOUNTING AND DISCLOSURE STANDARDS"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "12 U.S.C. 1463, 5412(b)(2)(B)."
cfr_part: "162"
---


# 162.1 Accounting and disclosure standards.

A Federal savings association shall follow U.S. generally accepted accounting principles (GAAP) and the disclosure standards included therein when complying with all applicable regulations, unless otherwise required by statute, regulation, or the OCC.

[82 FR 8110, Jan. 23, 2017]