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Technical

Credit Impairment – Mastering FASB Requirements for Current Expected Credit Loss (CECL) Logo aicpa

  $279.00 - 349.00 |   16 Sep 2019 |   10:30-18:30 |   CPE: 8.0 |   AICPA |   FieldOfStudy |   AICPA Store
Who Will Benefit?
  • Accountants in public practice and industry
Key Topics
    • Transition and implementation guidance
    • Classification of financial Instruments
    • Measurement of financial instruments
    • Impairment of financial assets
Learning Objectives
  • Identify changes to FASB ASC 825, Financial Instruments, as a result of the new financial instrument standards on classification and measurement and impairment.
  • Recall key points related to the simplification of accounting requirements.
  • Recall significant points related to the single credit loss model for financial assets for the recognition of losses.
  • Identify related disclosure requirements.

How does the guidance in the new financial instruments standards differ from current GAAP?

This webcast addresses that question by examining the core principles of the new standards. The FASB's financial instruments projects reconsider classification and measurement of financial instruments, as well as issues related to impairment of financial instruments.

We'll teach accountants in public practice and industry the background, purpose and main provisions of the new financial instruments standards. Specifically, the webcast will address transition guidance, disclosure requirements and implementation guidance.

Topics covered:
  • Financial accounting & reporting: Technical: FASB financial accounting & reporting: Financial instruments, Intermediate

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