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Course Level :Basic
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Credits :2
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Instructional Method :Group Internet Based
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Pre-requisites :None
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Advance Preparation :None
Sometimes it is a challenge to keep up with the
amendments in accounting standards issued by FASB. This CPE webinar will
quickly bring you up to date on the applicable amendments introduced by FASB in
Topic 326: Financial Instruments and Credit Losses.
Topic 326 is
intended related to help all entities deal with Troubled Debt Restructurings
(TDRs). These amendments related to disclosures affect public business entities
with investments in financing receivables. In addition, it expands the scope of
the Financial Instruments portfolio accounting to include related financial
assets.
This topic
specifies that write-offs and changes in value and carrying amounts may be
treated in different ways. These amendments enhance disclosure requirements for
certain loan refinancing arrangements and restructurings by creditors when a
borrower is experiencing financial difficulty.
The standard provides
additional guidance on the accounting for and disclosure of receivables
adjustments. Finally, it specifies receivables should be considered when
determining credit losses affecting long-lived assets.
Following are the major topics covered in this CPE Accounting course:
Join this CPE course by Mike Morley to understand all the amendments introduced by FASB in Topic 326: Financial Instruments and Credit Losses.
MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478
MY-CPE LLC (Sponsor Id#: 143597) 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.
Founder, Mike Morley
Mike Morley is a Certified Public Accountant and a recognized authority in the field of finance with more than 25 years experience in finance, including SOX and IFRS implementation.
An entertaining and informative speaker and trainer, Mike is the author of:
“IFRS Simplified” which provides a jump start for accountants and finance executives who want to quickly and easily get up to date on IFRS.
“Sarbanes-Oxley Simplified” which is an easy-to-read explanation of the requirements of the U.S. legislation that makes CEO's & CFO's personally responsible for the accuracy of their company's financial statements.
“Financial Statement Analysis Simplified” which translates the
accounting language of financial statements into clear, easy-to-understand
terms that anyone who needs to make well-informed financial decisions quickly
will appreciate.
2 Credits
Subject Area
May 19, 2022 | 09:00 AM EDT
May 19, 2022 | 09:00 AM EDT
May 19, 2022 | 10:00 AM EDT
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