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CURRENT EXPECTED CREDIT LOSS IMPLEMENTATION FOR CDFIS
October 30, 2023 @ 1:00 pm - 2:00 pm EDT
Free
Participants of the free live webinar will be eligible for 1 CPE credit.
During this webinar our speakers will provide a detailed overview of ASC 326, including financial statement presentation and disclosure implementation illustrations. The webinar will have a specific focus on considerations relevant to not-for-profit lending entities such as designated community development financial institutions.
This webinar is anticipated to qualify for 1 CPE credit in the Accounting field of study.
Please note the webinar will be played through your web browser. Speakers or a headset is required.
Program description: During this webinar, panelists will provide a detailed overview of ASC 326 including financial statement presentation and disclosure implementation illustrations.
Program level: Overview
Prerequisites: None
Advanced Preparation: None
Topics to be discussed include:
- For private companies, and particularly for private lending institutions, 2023 represents the year of implementation for FASB ASC 326 – Financial Instruments – Credit Losses (more commonly referred to as CECL).
- As the year comes to a close, make sure consideration has been made for all financial statement accounting and disclosure requirements related to CECL.
Instructional Delivery Method: Group Internet Based
Who Should Attend: Those in the not-for-profit and education industry interested in learning more about ASC 326: Financial Instruments – Credit Losses.
Official NASBA sponsor statement, if an approved NASBA sponsor (explaining final authority of acceptance of CPE credits):
CohnReznick 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 board of accountancy have final authority on the acceptance of individual courses for CPE credits. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org
