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CURRENT EXPECTED CREDIT LOSS FOR NONPROFIT ORGANIZATIONS

Marcum CPE webinars

April 17 @ 11:00 am 12:00 pm EDT

Free 1 CPE credit

OVERVIEW

Marcum will explain the requirements of ASU 2016-13, Financial Instruments – Credit Losses in (Topic) 326 and their impact on nonprofit organizations. We will go over the differences between the current incurred loss methodology and the current expected credit loss (CECL) methodology.

We will also provide the audience with an understanding of the impact of CECL on the financial statements in year of adoption and subsequent periods. We will provide an understanding of documentation and support required to help entities be prepared for their financial statement audit in the year of adoption.  

MODERATOR

Roger Bulosan, Partner, Northern California Nonprofit Industry Leader Marcum LLP 

PRESENTER

Rosangela Nicholson, Director, Marcum LLP 

CPE CREDITS

Program DescriptionCurrent Expected Credit Loss for Nonprofit Organizations
Important Notice Regarding CPE:
Learning ObjectivesAt the end of this webinar, participants will be able to:Explain the requirements of ASU 2016-13, Financial Instruments – Credit Losses in (Topic) 326 and their impact on nonprofit organizations.Interpret the impact to the financial statements in the year of adoption and subsequent periods. Know how to document the adoption of CECL and elections made so that you are prepared for your annual audit. 
Instruction Delivery MethodGroup Internet Based
Recommended CPE Credit1 Credit
Recommended Field of StudyAccounting
PrerequisitesNone
Program LevelOverview
Advance PreparationNone
Cancellation PolicyYou may cancel your registration at any time prior to the event.
Complaint Resolution PolicyFor more information regarding refund, concerns and program cancellation policies, please contact our offices at clizabeth.doradea@marcumllp.com.
Marcum LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.

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