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.
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.
Course Level
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Pre-requisites
Advance Preparation
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.
JD
I liked this webinar. It was informative and helpful, with regards to TDRs.
HS
The instructor was rather boring. It would have been nice to have more numerical and/or real life examples - it felt like everything was read right out of a text book.
GK
This presentation and subsequent questions are terrible. The presenter is awful to listen to and the questions are ridiculously poor.
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