CeriFi CPEdge

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Did You Know? Making Sense of Recent Standards - Measurement and Disclosure of Credit Losses   Updated

CATEGORY: Accounting & Auditing
COURSE ID: W774T, VERSION 1.00
(19)
Webinar
1 CPE Credits
Level: Overview

“I heard this [name the person] at this [name the event] say that there was a work-around to avoid [name the authoritative standard].” What tools are available to understand what is required by recent standards and what is not? How do I understand the items in a disclosure checklist related to that standard? 

This "Did You Know?" series of one-hour courses will pose and answer frequently asked questions about recently issued standards on the following topics:
  1. Measurement and Disclosure of Credit Losses
  2. Subsequent Events
  3. Impairment
  4. Functional Expense Allocation in NFP Financial Statements
  5. Fraud
  6. SSARS - Fraud and Noncompliance
  7. SSARS - Client Information
  8. SSARS - Evidence
Measurement and Disclosure of Credit Losses
How do you develop a CECL estimate without overcomplicating the process? What changes were made by recent FASB updates? What disclosures are required for credit losses? 
 
This discussion will answer frequently asked questions, including:
  • Available accounting policy elections and practical expedients
  • Presentation and disclosure requirements for credit losses
  • Common implementation challenges and judgment areas
  • ASC 326 examples and practical application guidance 

Who should attend: Senior professional responsible for accounting and financial statements.

Instructor: Sunish Mehta, CPA, CGMA
Instructor assignments are fluid and subject to change.

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