Did You Know - Making Sense of Recent Standards - Measurement and Disclosure of Credit Losses (On-Demand Webinar)   Updated

“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 professionals responsible for accounting and financial statements

Instructor: Sunish Mehta, CPA